Marginal Revenue Is Not Equal to Price for a Monopolist

question 181

Multiple Choice

Marginal revenue is not equal to price for a monopolist because:

• A) the monopolist's demand curve is below its marginal revenue curve.
• B) total revenue increases as output increases.
• C) the monopolist sets price equal to marginal cost.
• D) the monopolist must lower the price of all units in order to sell more.

---

Definitions:

Cytokinesis

Cytokinesis is the division of the cytoplasm of a parental cell into two daughter cells, occurring immediately after nuclear division in the cell cycle.

Midplane

An imaginary plane that divides a body into two equal halves, commonly used in anatomy and developmental biology to describe symmetry.

Bacterial Chromosome

The self-replicating genetic structure of bacteria, usually a circular DNA molecule containing all the necessary information for the life of the cell.

Circular DNA

DNA that is structured in a loop or circle, commonly found in bacteria and some eukaryotes, distinct from the linear DNA of most eukaryotic organisms.