To Increase Sales from 7 Units to 8 Units, a Single-Price

question 7

Multiple Choice

To increase sales from 7 units to 8 units, a single-price monopolist must drop the price from $7 per unit to $6 per unit. What is marginal revenue in this range?

• A)$48
• B)$6
• C)$1
• D)-$1
• E)$7

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