The Marginal Revenue Curve Is Below the Demand Curve

question 89

Multiple Choice

The marginal revenue curve is below the demand curve

• A)If a firm must lower its price to sell additional output.
• B)For a competitive firm.
• C)When a market is characterized by economies of scale.

---

Definitions:

Pleasure Centres

Brain regions that produce feelings of pleasure when activated by certain activities, drugs, or behaviors.

Limbic System

A complex system of nerves and networks in the brain, involved with instinct and mood. It controls basic emotions and drives.

Brainstem

The brain segment linking the cerebrum to the spinal cord, responsible for regulating essential functions like respiration and cardiac rhythm.

Temporal Lobe

A region of the cerebral cortex involved in processing auditory information and is also important in the understanding of complex stimuli such as faces and scenes.