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9) A monopolist can sell unit. The a 0 units at $12 per unit and 9 units at $13 at $1 2 0 9 per unit. The marginal revenue fr
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Answer #1

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total revenue =P*Q
Q=10
TR=10*12=120
Q=9
TR=9*13=117
Marginal revenue of n th unit of output =total revenue of n unit of output – total revenue of n-1 units of output

MR(n)=TR(n)-TR(n-1)

MR(10)=120-117
=3
the marginal revenue of the 10th unit is $3

Option b

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