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There Is Only One Petrol Station Within Hundreds of Miles

Question 89

Multiple Choice

There is only one petrol station within hundreds of miles.The owner finds that when she charges $3 a litre,she sells 99 litres a day,and when she charges $2.95 a litre,she sells 100 litres a day.The marginal revenue of the 100th litre of petrol is:


A) -$5.
B) -$2.
C) $0.
D) $3.
E) $6.

Correct Answer:

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