A Monopoly Firm Can Sell 150 Units of Output for $10.00

question 173

Multiple Choice

A monopoly firm can sell 150 units of output for $10.00 per unit.Alternatively,it can sell 151 units of output for $9.95 per unit.The marginal revenue of the 151ˢᵗ unit of output is

• A)$-2.45.
• B)$-0.05.
• C)$2.45.
• D)$9.95.

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Definitions:

Nucleolus

A small, dense structure found within the nucleus of cells, involved in the production of ribosomes and ribosomal RNA.

Actin

A globular structural protein that forms microfilaments, part of a cell's cytoskeleton, and is involved in various types of cell movement and muscle contraction.

Myosin

A protein that, along with actin, plays a key role in muscle contraction by pulling actin filaments.

Lysosome

A membrane-bound cell organelle that contains digestive enzymes to break down waste materials and cellular debris.