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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
    When Marginal Revenue Is Zero
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When Marginal Revenue Is Zero

Question 5

Question 5

Multiple Choice

When marginal revenue is zero:


A) profit is maximized.
B) total cost is minimized.
C) elasticity of demand is zero.
D) total revenue is maximized.

Correct Answer:

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