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    Managerial Economics
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    Exam 6: Elasticity and Demand
  5. Question
    When Marginal Revenue Is Zero
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When Marginal Revenue Is Zero

Question 17

Question 17

Multiple Choice

When marginal revenue is zero,


A) P < MR.
B) P = MR.
C) a small increase in price causes no change in total revenue.
D) a small decrease in price causes no change in total revenue.
E) both c and d

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