Mario's Pizza is the only pizza place in Sorrento City. The graph shows the market demand curve for pizza in Sorrento City. Mario's Pizza is a perfect price discriminator. What is the marginal revenue from the 20th pizza sold in an hour? The marginal revenue from the 20th pizza sold in an hour is O A. $300 OB. -$4 O C. $16 OD. $15 40 35- 30- 25- 20- 15- 10- 5 0- 0 Price (dollars per pizza) 5 10 15 20 25 30 Quantity (pizzas per hour) D 35 40
Mario's Pizza is the only pizza place in Sorrento City. The graph shows the market demand curve for pizza in Sorrento City. Mario's Pizza is a perfect price discriminator. What is the marginal revenue from the 20th pizza sold in an hour? The marginal revenue from the 20th pizza sold in an hour is O A. $300 OB. -$4 O C. $16 OD. $15 40 35- 30- 25- 20- 15- 10- 5 0- 0 Price (dollars per pizza) 5 10 15 20 25 30 Quantity (pizzas per hour) D 35 40
Chapter14: Monopoly
Section: Chapter Questions
Problem 14.13P
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Question
![Mario's Pizza is the only pizza place in Sorrento City.
The graph shows the market demand curve for pizza in Sorrento City.
Mario's Pizza is a perfect price discriminator.
What is the marginal revenue from the 20th pizza sold in an hour?
The marginal revenue from the 20th pizza sold in an hour is
O A. $300
O B. - $4
O C. $16
O D.
$15
40-
35-
30-
25-
20-
15-
10-
5-
0+
-0
Price (dollars per pizza)
-10
5
10 15 20 25 30
Quantity (pizzas per hour)
D
35 40
-S](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5ef4066a-09c4-44d3-9899-dbf8cf9ac919%2Fa8f5f0f9-3e84-4ae0-87ec-0a396bdc737e%2Fsv7mwv_processed.png&w=3840&q=75)
Transcribed Image Text:Mario's Pizza is the only pizza place in Sorrento City.
The graph shows the market demand curve for pizza in Sorrento City.
Mario's Pizza is a perfect price discriminator.
What is the marginal revenue from the 20th pizza sold in an hour?
The marginal revenue from the 20th pizza sold in an hour is
O A. $300
O B. - $4
O C. $16
O D.
$15
40-
35-
30-
25-
20-
15-
10-
5-
0+
-0
Price (dollars per pizza)
-10
5
10 15 20 25 30
Quantity (pizzas per hour)
D
35 40
-S
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