For a Linear Demand Curve, If MR = 0

question 103

Multiple Choice

For a linear demand curve, if MR = 0:

• A) TR is at its minimum.
• B) the price elasticity of demand is equal to or greater than -1.0.
• C) and TR is at its maximum, the demand curve must be downward sloping.
• D) all of the above are true.

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