A Monopolist Can Sell 300 Units of Output for $29

question 79

Multiple Choice

A monopolist can sell 300 units of output for $29.00 per unit. Alternatively, it can sell 301 units of output for $28.25 per unit. The marginal revenue of the 301st unit of output is:

• A) -$196.75.
• B) -$0.75.
• C) $196.75.
• D) $28.25.

---

Definitions:

Fungicide

Chemical compounds or biological organisms used to kill or inhibit fungi or fungal spores.

Nitrogen Gas

An inert diatomic gas that constitutes about 78% of the Earth's atmosphere, used in a variety of industrial and scientific applications.

Water Supply

The provision or availability of water for various uses, including drinking, irrigation, and industrial needs, through natural or artificial means.

Mineral Supply

The availability of inorganic substances necessary for various life processes and industrial applications, often extracted from the Earth's crust.