A monopolist can sell 300 units of output for $45 per unit. Alternatively, it can sell 301 units of output for $44.60 per unit. The marginal revenue of the 301st unit of output is a. - $120.00. b. - $75.40. c. - $0.40. d. $75.40.
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Home » Business » A monopolist can sell 300 units of output for $45 per unit. Alternatively, it can sell 301 units of output for $44.60 per unit. The marginal revenue of the 301st unit of output is a. - $120.00. b. - $75.40. c. - $0.40. d. $75.40.