The Marginal Revenue Curve of a Monopoly Will

Multiple Choice

The marginal revenue curve of a monopoly will

A) decrease at a faster rate than price because any reduction in price applies to all units sold.
B) lie above the demand curve.
C) increase at a faster rate than price because marginal revenue is always greater than price.
D) decrease at a faster rate than price because any reduction in price applies only to extra units sold.
E) equal the demand curve.