Table 15-4
A monopolist faces the following demand curve:
-Refer to Table 15-4. If the monopolist increases production from 2.5 to 5 units, what is its marginal revenue?
A)$100
B)$37.5
C)$15
D)$2.50

Question

Table 15-4
A monopolist faces the following demand curve: 
-Refer to Table 15-4. If the monopolist increases production from 2.5 to 5 units, what is its marginal revenue?
A)$100 
B)$37.5 
C)$15 
D)$2.50

Quizplus · Accepted Answer

The Answer of Table 15-4
A monopolist faces the following demand curve: 
-Refer to Table 15-4. If the monopolist increases production from 2.5 to 5 units, what is its marginal revenue?
A)$100 
B)$37.5 
C)$15 
D)$2.50

Table 15-4 A Monopolist Faces the Following Demand Curve