Which of the Following Is True for Marginal Revenue and Total

question 74

Multiple Choice

Which of the following is true for marginal revenue and total revenue?

• A) The marginal revenue curve is upward sloping while the total revenue curve is a straight line.
• B) The total revenue curve is the inverse of marginal revenue curve.
• C) Marginal revenue is equal to total revenue divided by the total number of units produced.
• D) Total revenue is at its maximum when marginal revenue is zero.

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