A Monopolist Can Sell 300 Units of Output for $45

question 177

Multiple Choice

A monopolist can sell 300 units of output for $45 per unit. Alternatively, it can sell 301 units of output for $44.60 per unit. The marginal revenue of the 301^st unit of output is

• A)-$120.00.
• B)-$75.40.
• C)-$0.40.
• D)$75.40.

---

Definitions:

Doghouses

Doghouses are small shelters or structures designed to provide a safe and secure outdoor environment for dogs to sleep, rest, and be protected from the elements.

Dishwasher Industry

The sector of the economy focused on the manufacturing, distribution, and retail of dishwashers.

Doghouses

Typically small shelters built or purchased for dogs, offering them protection and comfort.

Circular-Flow Diagram

An economic model that illustrates how money moves through society and the economy, from households to businesses and then back again.