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.

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Definitions:

Vijayanagara's Sacred Center

The spiritual core of the Vijayanagara Empire, featuring temple complexes and religious monuments.

Garbha Griha

Hindi, “womb chamber.” In Hindu temples, the cella, the holy inner sanctum often housing the god’s image or symbol.

Stupa

A dome-shaped structure erected as a Buddhist shrine in South Asia, serving as a marker for sacred relics or commemorating significant events in Buddhism.

Punjab Hills

A region in north India known for its distinct art styles, particularly in miniatures and paintings, which often depict themes from Hindu mythology and nature.