Suppose a Firm Has a Monopoly on the Sale of a Computer

Multiple Choice

Suppose a firm has a monopoly on the sale of a computer game and faces a downward-sloping demand curve. When selling the 50^th game, the firm will always receive

A) less marginal revenue on the 50^th game than it received on the 49^th game.
B) more average revenue on the 50^th game than it received on the 49^th game.
C) more total revenue on the 50 games than it received on the first 49 games.
D) Both b and c are correct.