Multiple Choice
If the demand curve for a single price monopolist always is a downward sloping straight line, then marginal revenue will be
A) a straight line with a negative slope of twice the demand curve slope.
B) a straight line with a negative slope of one-half the demand curve slope.
C) identical to the demand curve.
D) a horizontal line.
Correct Answer:
Verified
Correct Answer:
Verified
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