Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: If a seller can sell 5 units at $8 each but can sell 6 units only by lowering the price to $7 (and m
Post by: Sublight2097 on Jun 20, 2015
If a seller can sell 5 units at $8 each but can sell 6 units only by lowering the price to $7 (and must sell all units at the same price), the marginal revenue from selling the 6th unit is
A) $42.
B) $7.50.
C) $7.
D) $2.
E) none of the above.


Title: Re: If a seller can sell 5 units at $8 each but can sell 6 units only by lowering the price to $7 (a
Post by: Sydnie on Jul 8, 2015
Content hidden


Title: Re: If a seller can sell 5 units at $8 each but can sell 6 units only by lowering the price to $7 (and m
Post by: Sublight2097 on Aug 31, 2015
I've noticed they use a lot of trickery with their questions. Thank you for your input.