For a Monopolist, When Does Marginal Revenue Equal Demand

question 183

Multiple Choice

For a monopolist, when does marginal revenue equal demand?

• A)when output is less than profit-maximising output
• B)when output is greater than profit-maximising output
• C)when there is a zero output
• D)marginal revenue is never equal to demand

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Definitions:

Grasp Objects

To grasp objects refers to the action of seizing, holding, or obtaining an item or concept with the hands or mind, utilizing coordination between sensory and motor skills.

Outgoing Messages

Refers to any messages or communications sent from one individual or entity to another.

Major Inhibitory Neurotransmitter

GABA (gamma-aminobutyric acid) is considered a primary neurotransmitter that inhibits nerve transmission in the brain, calming nervous activity.

GABA

Gamma-aminobutyric acid, a neurotransmitter in the brain that inhibits or reduces nerve cell activity.