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chomtong chomtong
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Posts: 589
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6 years ago
When a monopolist sells two units of output its total revenue is $600. When a monopolist sells three units of output its total revenue is $630. In order to sell three units of output instead of only two, the monopolist must
A) make no change in price and increase output by one unit.
B) decrease its price by $90 per unit.
C) decrease its price by $30 per unit.
D) increase its price by $30 per unit.
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Akshtsaklani21Akshtsaklani21
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6 years ago
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chomtong Author
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6 years ago
Just got PERFECT on my quiz
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Yesterday
Helped a lot
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2 hours ago
Thank you, thank you, thank you!
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