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A monopolist can sell 300 units of output for $45 per unit. Alternatively, it can sell 301 units of output for $44.60 per unit. The marginal revenue of the 301st unit of output is a. -$120.00. b. -$75.40. c. -$0.40. d. $75.40.

Respuesta :

Answer:

b. -$75.40.

Explanation:

Given;

Sale of 300 units of output for $45 per unit.

Sale of 301 units of output for $44.60

Difference in revenue earnings = 301 × 44.60 - 300 × 45

                                                     = 13424.6 - 13500

                                                     = -75.40

The sale of 301 units and 300 units at $44.60 and $45 respectively results in a marginal revenue of $75.40 (drop).

b is the right option.

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