A Nondiscriminating Pure Monopolist Finds That It Can Sell Its

question 174

Multiple Choice

A nondiscriminating pure monopolist finds that it can sell its 82nd unit of output for $12. We can surmise that the marginal

• A)cost of the 82nd unit is also $12.
• B)revenue of the 82nd unit is also $12.
• C)revenue of the 82nd unit is less than $12.
• D)revenue of the 82nd unit is greater than $12.

---

Definitions:

Political Risk

The potential for losses or other negative impacts to a business resulting from political changes or instability within a country.

Governmental Attitudes

The stance or policy approach adopted by a government towards a particular issue or sector.

Bureaucratic Risk

involves the uncertainties and slowdowns that can occur within an organization due to rigid procedures, policies, and hierarchies.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.