Examlex
Which of the following statements is NOT true of Rome's new urban proletariat?
Marginal Revenue
The profit made by selling one more unit of a product or service.
Average Revenue
The amount of revenue generated per unit of output sold, calculated by dividing total revenue by the quantity sold.
Nondiscriminating Pure Monopolist
A market player who is the sole seller of a product or service but charges a single price to all customers without price discrimination.
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