With Respect to the Pure Monopolist's Demand Curve, It Can

question 148

Multiple Choice

With respect to the pure monopolist's demand curve, it can be said that

• A)the stronger the barriers to entry, the more elastic is the monopolist's demand curve.
• B)price exceeds marginal revenue at all outputs greater than 1.
• C)demand is perfectly inelastic.
• D)marginal revenue equals price at all outputs.

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