Economics MCQ Micro Economics A single-priced monopoly that profit maximizes by reducing price from $61 to $60 must have a marginal cost of (remember MC=MR)

A single-priced monopoly that profit maximizes by reducing price from $61 to $60 must have a marginal cost of (remember MC=MR)

MCQ 12:48 Micro Economics

A single-priced monopoly that profit maximizes by reducing price from $61 to $60 must have a marginal cost of (remember MC=MR)

a. $21
b. $60
c. $39
d. $0

Answer: a. $21

Economics MCQ

A single-priced monopoly that profit maximizes by reducing price from $61 to $60 must have a marginal cost of (remember MC=MR)

A single-priced monopoly that profit maximizes by reducing price from $61 to $60 must have a marginal cost of (remember MC=MR)

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