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Phydeaux Phydeaux
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Posts: 541
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6 years ago
In order to increase sales from 7 units to 8 units, a one-price oligopolist must lower the price from $7 per unit to $6. What is the marginal revenue in this range?
A) $48
B) $6
C) $1
D) - $1
E) none of the above
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
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