When a Monopolist Sells Two Units of Output Its Total

question 209

Multiple Choice

When a monopolist sells two units of output its total revenue is $150. When it sells three units of output its total revenue, is $180. When the monopolist sells three units of output, the price per unit is

• A) $50.
• B) $60.
• C) $75.
• D) $90.

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Definitions:

Pathogen

A biological agent that causes disease or illness to its host.

Carrier

An individual or entity that transports goods or people; in genetics, it also refers to someone who has one copy of a recessive gene for a disease.

Unpasteurized Milk

Milk that has not undergone pasteurization, a process to kill harmful bacteria by heating the milk for a short time.

Transmission

The process of transferring something from one place, person, or thing to another, often used in the context of diseases, information, or mechanical power.