If a Monopolist Increases Sales from 10 to 11 by Lowering

question 197

Multiple Choice

If a monopolist increases sales from 10 to 11 by lowering its price from $40 to $38, its marginal revenue is:

• A) $2.
• B) $18.
• C) $400.
• D) $418.

---

Definitions:

Part

A component or piece of a larger object, system, or mechanism that contributes to its function or structure.

Informational

Intended to provide information or knowledge about a topic, without necessarily persuading or entertaining the audience.

Analytical

Pertaining to or using analysis or logical reasoning to address a problem or dissect a concept.

Facts

Statements that can be proven true or false, based on evidence and objective reality.