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Ryanteck Ryanteck
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7 years ago
Stereo Sound Unlimited has a monopoly over the installation of surround sound systems. If Stereo Sound Unlimitedʹs total revenue from installing 10 sound systems is $20,000 and its total revenue from installing 11 sound systems is $18,000, what is the marginal revenue of the eleventh sound system?
A) -$2,000
B) -$1,000
C) $2,000
D) $3,800
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DeToXiFYDeToXiFY
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7 years ago
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