A Monopolist Can Sell 300 Units of Output for $50

question 169

Multiple Choice

A monopolist can sell 300 units of output for $50 per unit. Alternatively, it can sell 301 units of output for $49.60 per unit. The marginal revenue of the 301^st unit of output is

• A)-$99.60.
• B)-$70.40.
• C)-$0.40.
• D)$70.40.

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Definitions:

Friendships

Relationships built on mutual trust, affection, and support between people.

Ovulation

The release of an egg from the ovary, a part of the female reproductive cycle which allows for fertilization.

Masculine

Qualities, attributes, or roles traditionally associated with men and boys, often culturally defined.

Dominant

Exhibiting power or influence over others; in genetics, referring to a trait that is expressed in the phenotype when at least one allele is present.