[Solved] Suppose a Monopolist Was Charging a Price of $120 for Its

Question 107
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Suppose a monopolist was charging a price of $120 for its product and was selling 80 units.If it lowers its price to $119 and,as a result,sells 81 units what is the marginal revenue for the product?


A)0.
B)$1.
C)$39.
D)$9,639.

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