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Where Does the Marginal-Revenue Curve for a Monopoly Firm Start

Question 189

Multiple Choice

Where does the marginal-revenue curve for a monopoly firm start?
(i) at the same point on the vertical axis as the average-revenue curve
(ii) above the demand curve
(iii) below the demand curve


A) (i) only
B) (i) and (ii)
C) (i) and (iii)
D) (iii) only

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