A monopolistic firm can sell 10 units for $120 each. If the marginal revenue from the 11th
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A monopolistic firm can sell 10 units for $120 each. If the marginal revenue from the 11th unit is $87, what is the unit price at which 11 units can be sold?
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Related Book For
Managerial economics applications strategy and tactics
ISBN: 978-1439079232
12th Edition
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
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