Suppose That When Price Is $75, a Monopoly Can Sell

question 36

Multiple Choice

Suppose that when price is $75, a monopoly can sell 6 units, and when price is $87.50, the monopolist can sell 5 units. Then which of the following is marginal revenue?​

• A) ​$450.
• B) ​$437.50.
• C) ​$12.50.
• D) ​$0.

---

Definitions:

Daibutsuden, Todaiji

The Great Buddha Hall located in Todaiji Temple, Nara, Japan; it houses a giant statue of Buddha and is a key landmark of Japanese Buddhist architecture.

Sacred Architecture

Architecture designed and built for religious or spiritual purposes, often reflecting the beliefs, values, and traditions of the culture or religion it serves.

Pagodas

A term for a tiered tower with multiple eaves, commonly found in Asia, especially in China, Japan, and Korea, used as a temple or monument.

Shelter for Relics

A specially designed space or container, often within a religious setting, used to house sacred objects or relics.