Refer to the table above. What is the marginal revenue of the monopolist when it sells 200 units of its product?

A) $2
B) $5
C) $7
D) $9

B

Economics

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There is a technological advance in the production of ice cream. As a result, the supply curve of ice cream shifts ________ and ________

A) leftward; both the equilibrium price and equilibrium quantity fall B) rightward; both the equilibrium price and equilibrium quantity fall C) rightward; the equilibrium price falls while the equilibrium quantity increases D) rightward; both the equilibrium price and equilibrium quantity rise

Economics

The members of Federal Reserve district bank boards of directors appointed by the Board of Governors are known as

A) Class A directors. B) Class B directors. C) Class C directors. D) Class D directors.

Economics