For a Monopolist, the Point Where the Marginal Revenue Curve

question 195

Multiple Choice

For a monopolist, the point where the marginal revenue curve intersects the horizontal axis is:

• A) one-fourth of the distance between the origin and the point where the demand curve intersects the horizontal axis.
• B) located at the same point where the demand curve intersects the horizontal axis, since for a monopolist, the demand curve and the marginal revenue curve overlap.
• C) one-half the distance between the origin and the point where the demand curve intersects the horizontal axis.
• D) unable to be determined without knowing the location of the marginal cost curve.

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