If the Marginal Revenue Curve Lies Above the Demand Curve

question 108

Multiple Choice

If the marginal revenue curve lies above the demand curve for a firm,then

• A) this is not a firm that exists in any traditional industries.
• B) both curves are upward-sloping.
• C) both curves are parallel.
• D) this must be a monopolistically competitive firm.
• E) both curves are downward-sloping.

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