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  3. Study Set
    Principles of Economics Study Set 1
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    Exam 8: Monopoly, Oligopoly, and Monopolistic Competition
  5. Question
    If the Demand Curve Facing the Monopolist Is P =
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If the Demand Curve Facing the Monopolist Is P =

Question 71

Question 71

Multiple Choice

If the demand curve facing the monopolist is P = 70 − 14Q, then the slope of its marginal revenue curve is:


A) −28.
B) −14.
C) −7.
D) −35.

Correct Answer:

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