XYZ Computer Company Has a Monopoly on the Sale of a Specialized

question 45

Multiple Choice

XYZ Computer Company has a monopoly on the sale of a specialized color printer. If it sells two of these printers its total revenue is $1,000, and if it sells three color printers its total revenue is $1,400. The marginal revenue of the third color printer sold is

• A) $200.
• B) $300.
• C) $400.
• D) $1,300.

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Definitions:

Delivery Drivers

Individuals responsible for transporting goods from businesses to consumers or other businesses.

Employee Referrals

A hiring strategy where existing employees recommend potential candidates for open positions within their organization.

Simplified Employee Pension Plan

A retirement savings plan that allows employers to make direct contributions to individual retirement accounts set up for their employees.

The Self-Employed

Individuals who work for themselves, not as employees of someone else, and often run their own businesses.