All but Which One of the Following Statements Are True

question 72

Multiple Choice

All but which one of the following statements are true, given a downward- sloping linear demand function?

• A)MR is less than AR for all positive quantities.
• B)When TR is at a maximum, MR is zero.
• C)When the TR is increasing, AR is falling.
• D)When TR is falling, price exceeds MR.

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