Table 15-1
A monopolist faces the following demand curve:
Marginal cost is constant at $8 per unit.
-Refer to Table 15-1.The monopolist's marginal revenue from selling the second unit of output is
A) $8.
B) $14.
C) $16.
D) $24.

Question

Table 15-1
A monopolist faces the following demand curve:
  Marginal cost is constant at $8 per unit.
-Refer to Table 15-1.The monopolist's marginal revenue from selling the second unit of output is
A) $8. 
B) $14. 
C) $16. 
D) $24.

Quizplus · Accepted Answer

The Answer of Table 15-1
A monopolist faces the following demand curve:
  Marginal cost is constant at $8 per unit.
-Refer to Table 15-1.The monopolist's marginal revenue from selling the second unit of output is
A) $8. 
B) $14. 
C) $16. 
D) $24.

Table 15-1 A Monopolist Faces the Following Demand Curve