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  2. Topic
    Business
  3. Study Set
    Microeconomics Canada
  4. Exam
    Exam 12: Monopoly
  5. Question
    If Marginal Revenue Equals Zero,then Demand at This Level of Output
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If Marginal Revenue Equals Zero,then Demand at This Level of Output

Question 2

Question 2

Multiple Choice

If marginal revenue equals zero,then demand at this level of output is


A) perfectly inelastic.
B) inelastic.
C) unit elastic.
D) elastic.
E) perfectly elastic.

Correct Answer:

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