With First-Degree Price Discrimination, the Marginal Revenue Curve

question 68

Multiple Choice

With first-degree price discrimination, the marginal revenue curve:

• A)is below the demand curve, with slope equal to twice the slope of demand.
• B)is above the demand curve.
• C)is the same as the demand curve.
• D)is below the demand curve, with slope equal to one-half the slope of demand.