Graphically, the Marginal Revenue Curve of a Monopolist

question 199

Multiple Choice

Graphically, the marginal revenue curve of a monopolist

• A) will sometimes lie below the demand curve of the monopolist.
• B) will always lie below the demand curve of the monopolist.
• C) is the same as the demand curve of the monopolist.
• D) will equal −1 when the elasticity of demand is unitary.

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