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If the Price and Quantity Combinations for a Monopolists Good

Question 25

Multiple Choice

If the price and quantity combinations for a monopolists good are as follows:If the price and quantity combinations for a monopolists good are as follows:  What is the marginal revenue for the firm when they move from 2 to 3 units of output? A)  $-14 B)  $60 C)  $42 D)  $12
What is the marginal revenue for the firm when they move from 2 to 3 units of output?


A) $-14
B) $60
C) $42
D) $12

Correct Answer:

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