Use the Following to Answer Questions

question 44

Multiple Choice

Use the following to answer questions:
-(Table: Prices and Demand) The New Orleans Saints have a monopoly on Saints logo hats. The marginal cost of producing a hat is $18. If the Saints increase the number of hats they sell from four to five, marginal revenue is:

• A) $20.
• B) $22.
• C) $8.
• D) $12.

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Definitions:

Antebellum Period

The time period in the United States before the Civil War, characterized by the rise of abolitionism and the stark contrast between the northern and southern states in terms of society, economy, and politics.

Curtail Immigration

Actions or policies designed to reduce the number of immigrants entering a country, often for political, economic, or social reasons.

Free Black

Refers to African Americans who were not enslaved, particularly before and during the Civil War in the United States, some of whom had purchased their freedom or were freed by their enslavers.

Antiblack Mob Violence

Acts of violence perpetrated by groups targeting African Americans, often emerging from systemic racism and hate.