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Suppose a Monopolist Faces the Demand Curve Shown Below

Question 10

Multiple Choice

Suppose a monopolist faces the demand curve shown below: Suppose a monopolist faces the demand curve shown below: If you were to draw the monopolist's marginal revenue curve, it would: A) lie on top of the demand curve. B) intersect the vertical axis at $35. C) intersect the horizontal axis at 35. D) have a slope equal to the reciprocal of the slope of the demand curve. If you were to draw the monopolist's marginal revenue curve, it would:


A) lie on top of the demand curve.
B) intersect the vertical axis at $35.
C) intersect the horizontal axis at 35.
D) have a slope equal to the reciprocal of the slope of the demand curve.

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