Suppose That a Monopoly Computer Chip Maker Increases Production from 10

question 103

Multiple Choice

Suppose that a monopoly computer chip maker increases production from 10 microchips to 11 microchips.If the market price declines from $30 per unit to $29 per unit,marginal revenue for the eleventh unit is:

• A)$1.
• B)$9.
• C)$19.
• D)$29.

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