The Figure Given Below Shows the Revenue and Cost Curves

Multiple Choice

The figure given below shows the revenue and cost curves of a firm. MC represents the marginal cost curve, AC the average cost curve, MR the marginal revenue curve, and AR the average revenue curve.Figure 9.4

-Under imperfect competition, a firm's:

A) demand curve lies below its marginal revenue curve.
B) demand curve lies above its marginal revenue curve.
C) demand curve coincides with its marginal revenue curve.
D) demand curve coincides with its marginal cost curve.
E) demand curve coincides with its average cost curve.