Suppose a monopolist faces the demand curve shown below. The marginal revenue of the 35th unit of output is:
A. $-5.
B. $20.
C. $10.
D. $0.
Answer: D
Economics
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Many economists ________ protectionism because it ________ consumers and ________ jobs in domestic industries that use protected products
A) support; benefits; creates B) criticize; causes losses to; eliminates C) support; lowers prices for; raises wages for D) criticize; unfairly rewards; relocates
Economics