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

question 333

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, its total revenue is $1,300. The marginal revenue of the third color printer sold is

• A) $100.
• B) $150.
• C) $300.
• D) $1,300.

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Definitions:

Straight Line

The shortest distance between two points; in geometry, it is an infinite number of points along the same direction with no curvature.

Revision Block

A part of the drawing documentation where changes and revisions are recorded.

Millimeter

A unit of length in the metric system equal to one thousandth of a meter.

Abbreviation

A shortened form of a word or phrase used to simplify communication.