Answered: Calculate the marginal revenue from…

Calculate the marginal revenue from selling the 4th unit of output. Express your answer without units (e.g., if your answer is "$400", write "400" in the answer box).

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter9: Monopoly

Section: Chapter Questions

Problem 7SQP

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Question

The following table refers to information about a monopolist. The demand and total cost schedules for the monopolist are presented.
Quantity
1
2
34
5
6
7
ܒܢ
Calculate the marginal revenue from selling the 4th unit of output. Express your answer without units (e.g., if your answer is "$400", write "400" in the answer box).
Type your answer...
W
3
LU
E
a
$
4
R
ddelddeelala
www
000
6 Sº
%
Price
$30
$28
$26
$24
$22
$20
$18
5
T
6
MacBook Pro
Y
&
7
A
U
* 00
8
1
Total cost
$10
$20
$30
$40
$50
$60
$70
W
9
P
O
O
T
a

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