Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

A monopolist can sell 20 operating systems at $110 each. In order to sell 21 operating systems, he must reduce the price to $100.

A monopolist can sell 20 operating systems at $110 each. In order to sell 21 operating systems, he must reduce the price to $100. If the monopolist reduces the price to $100, then marginal revenues is 

A) -$10

B) -$100

C) $110

D) constant

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question