Respuesta :

Based on the selling price for the monopolist, the MR at this level will be <$8.

What is the marginal revenue for Monopolists?

In order to sell more goods, a monopoly has to reduce its prices. However, this price must always be higher than the marginal revenue.

This means that if the price in this case is $8, the marginal revenue will have to be less than $8:

= <$8

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