When a Monopolist Sells Two Units of Output Its Total

question 36

Multiple Choice

When a monopolist sells two units of output its total revenues are $100. When the monopolist sells three units of output, its price per unit is $35. The monopolist's marginal revenue from selling the third unit of output is

• A) $5.
• B) $33.33.
• C) $35.
• D) $105.

---

Definitions:

William Foote Whyte

An American sociologist best known for his work in urban ethnography and studies of social organization.

Survey

A method of research involving the collection of data from a predefined group of respondents to gain information and insights on various topics of interest.

Going Native

A term used in anthropology to describe a researcher becoming overly involved and assimilated into the culture being studied, potentially biasing the findings.

Participant Observation

A research method in anthropology and sociology where the researcher immerses themselves in the community being studied to gather data.