To Increase Sales from 7 Units to 8 Units,a Single-Price

question 41

Multiple Choice

To increase sales from 7 units to 8 units,a single-price monopolist cuts the price from $7 per unit to $6 per unit.What is marginal revenue from selling the 8th unit?

• A)$48
• B)$6
• C)$1
• D)-$1
• E)$7

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Definitions:

Gestational Age

The age of an embryo or fetus calculated from the first day of the last menstrual period of the pregnant woman.

Bowel Obstruction

A blockage in the intestines that prevents the normal passage of bowel contents, which can cause severe abdominal pain and vomiting.

Carbon Dioxide Retention

The inability to expel carbon dioxide effectively from the body, typically due to respiratory disorders.