If a Monopoly Firm Can Sell Its Eighth Unit of Output

question 189

Multiple Choice

If a monopoly firm can sell its eighth unit of output for a price of $175,it may expect to receive a price __________ in order to sell more than eight units.

• A)of more than $175
• B)of $175
• C)of less than $175
• D)of $100
• E)of less than $100