-The Above Table Gives the Demand Schedule for a Single-Price

question 363

Multiple Choice

-The above table gives the demand schedule for a single-price monopoly.The marginal revenue first becomes negative when going from

• A) 1 unit to 2 units.
• B) 2 units to 3 units.
• C) 3 units to 4 units.
• D) 4 units to 5 units.
• E) None of the above; the total revenue is always positive so the marginal revenue must always be positive.