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All of the Following Are True Regarding a Monopolist's Marginal

Question 17

Multiple Choice

All of the following are true regarding a monopolist's marginal revenue except which one?


A) It is equal to the change in total revenue resulting from a change in quantity sold.
B) It is less than the price for all units produced.
C) It is downward sloping.
D) It is equal to price for all units produced.

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