Refer to the Following Graph

question 11

Multiple Choice

Refer to the following graph. If the demand curve is curve D for a monopoly, the marginal revenue curve is:

• A) A, which intersects the x-axis at 1/4 the quantity where the demand curve intersects the x-axis.
• B) B, which intersects the x-axis at 1/2 the quantity where the demand curve intersects the x-axis.
• C) C, which intersects the x-axis at 3/4 the quantity where the demand curve intersects the x-axis.
• D) D, which intersects the x-axis at the same quantity where the demand curve intersects the x-axis.