(Table) Suppose a Monopolist Faces the Demand Schedule Shown in the Table

question 288

Multiple Choice

(Table) Suppose a monopolist faces the demand schedule shown in the table. Marginal revenue for the second unit of output is
$\begin{array}{|c|c|}\hline \begin{array}{c}\text { Quantity } \\\text { Demanded }\end{array} & \text { Price } \\\hline 1 & \$ 10 \\\hline 2 & \$ 8 \\\hline 3 & \$ 7 \\\hline 4 & \$ 5 \\\hline 5 & \$ 3 \\\hline 6 & \$ 2 \\\hline\end{array}$

• A) $8.
• B) $21.
• C) $6.
• D) $2.

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