Table 15-11 The Following Table Shows Quantity, Price, and Marginal Cost Information

question 338

Multiple Choice

Table 15-11
The following table shows quantity, price, and marginal cost information for a monopoly:
-Refer to Table 15-11. What would be the firm's marginal revenue at the profit-maximizing level of output?

• A)$7
• B)$6
• C)$5
• D)$1