Which of the Following Is True of the Average and Marginal

question 41

Multiple Choice

Which of the following is true of the average and marginal revenue for a monopoly firm?

• A) The monopolist's marginal revenue curve is the same as the average revenue curve.
• B) The monopolist's marginal revenue bears a constant relationship with average revenue.
• C) The monopolist's marginal revenue falls at a faster rate than average revenue.
• D) Marginal revenue is greater than average revenue for the monopolist.

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