XYZ Computer Company Has a Monopoly on the Sale of a Specialized

question 33

Multiple Choice

XYZ Computer Company has a monopoly on the sale of a specialized color printer. If it sells two of these printers its total revenue is $1,000, and if it sells three color printers its total revenue is $1,600. The marginal revenue of the third color printer sold is

• A) $200.
• B) $300.
• C) $600.
• D) $1,300.

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Definitions:

Labor Leaders

Individuals who advocate for the rights and interests of workers, often holding positions of authority within labor unions.

Abuses of Power

Situations where individuals in positions of authority use their power in ways that are unethical, unfair, or harmful to others.

NLRB

The National Labor Relations Board, a US federal agency responsible for enforcing labor laws in relation to collective bargaining and unfair labor practices.

Sentencing Violators

The act of imposing a judicial determination on individuals or entities that have been found guilty of breaking laws or rules.