The Marginal Revenue Product Curve for a Monopolist Would Be

Multiple Choice

The marginal revenue product curve for a monopolist would be ________ its marginal product curve because ________.

A) steeper than; its MR decreases as output increases
B) steeper than; its product's price increases as output increases
C) flatter than; it must pay a higher wage to labour
D) flatter than; its product's price decreases as output increases
E) the same as; the MRP curve always has the same shape as the MP curve