A Monopoly Firm Can Sell 150 Units of Output for $10

question 52

Multiple Choice

A monopoly firm can sell 150 units of output for $10 per unit. Alternatively, it can sell 151 units of output for $9.90 per unit. The marginal revenue of the 151st unit of output is

• A) -$5.10.
• B) -$0.10.
• C) $2.45.
• D) $5.10.

---

Definitions:

Fair Competition

A condition in the marketplace where businesses operate on a level playing field, with regulations in place to ensure no undue advantages exist.

Justice Department

A United States executive branch department tasked with upholding the law and managing the justice system.

Marketplace

A context or venue where goods and services are exchanged. In film, it can refer to both the physical and digital platforms where films are distributed and sold.

Male Rampage Films

A genre of films that depicts a male protagonist engaging in violent behavior, often as a form of revenge or rebellion.