What determines a single-price monopoly's marginal revenue?
Marginal revenue equals the change in ________ 1 more unit of the good.

Question

What determines a single-price monopoly's marginal revenue? 
 Marginal revenue equals the change in ________ 1 more unit of the good.

Accepted Answer

total revenue as the monopoly sells

Answer

the market price as the monopoly produces

Answer

the market price as the monopoly sells

Answer

the price customers are willing to pay for

Answer

the monopoly's price as it produces

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