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The Above Diagram Implies That Whenever a Firm's Demand Curve

Question 124

Multiple Choice

The above diagram implies that whenever a firm's demand curve is downsloping: A) price discrimination is not possible. B) monopolists will be more efficient than competitors. C) the demand and marginal revenue curves will coincide. D) marginal revenue is less than price. The above diagram implies that whenever a firm's demand curve is downsloping:


A) price discrimination is not possible.
B) monopolists will be more efficient than competitors.
C) the demand and marginal revenue curves will coincide.
D) marginal revenue is less than price.

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