Multiple Choice
Marginal revenue is _______ in the _______ range of the demand curve, _______ in the _______ range of the demand curve and _______ where demand is unit price elastic.
A) positive; positive, negative, negative; greater than zero
B) negative; inelastic; positive; elastic; zero
C) positive; inelastic; negative; positive; zero
D) negative; positive; positive; negative; less than zero
Correct Answer:
Verified
Correct Answer:
Verified
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