Statement that explains Marginal revenue and it can be computed for a monopolist is C:sold.c.change in total revenue per one unit increase in quantity sold.
- Marginal revenue can be regarded as central concept in microeconomics which focus on additional total revenue that us been gotten by increasing product sales by 1 unit.
- In monopolist,it can be computed by change in total revenue with respect to a unit increase that is been sold.
Therefore, option C is correct.
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