For a monopolist, if total revenue increases as output increases, then marginal revenue is
A) greater than the price.
B) zero.
C) positive.
D) negative.

Name: For a monopolist, if total revenue increases as output increases, then marginal revenue is A) greater than the price. B) zero. C) positive. D) negative.
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Question

Quizplus · Accepted Answer

Marginal revenue is positive if total revenue increases as output increases, because marginal revenue measures the change in total revenue from selling one more unit of a good or service.

For a Monopolist, If Total Revenue Increases as Output Increases