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3 years ago

If the monopolist can engage in perfect price discrimination, what is the marginal revenue from selling the 5th shirt

Business

1 answer:

Ray Of Light [21]3 years ago

4 0

Answer:

Hello your question is incomplete, the missing part is attached below

answer : $120

Explanation:

In a perfect price discrimination situation the price( revenue ) attached to the quantity of goods is = the marginal revenue gotten

From the attached table

The price for the quantity demanded ( 5 ) = marginal revenue

i.e. Marginal revenue from selling the 5th shirt = $120

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