A Monopolist Faces a Straight-Line Demand Curve and Is Currently

question 104

Multiple Choice

A monopolist faces a straight-line demand curve and is currently producing an output level of 2000 units receiving $10 000 in total revenue.At an output of 1000 units the marginal revenue for this firm would be

• A)0.
• B)$2.50.
• C)$5.00.
• D)$10.00.
• E)Impossible to tell with the given information.

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