After the first unit sold, the marginal revenue a monopolist receives from selling one more unit of a good is less than the price at which that unit is sold because of:
A.diminishing marginal returns.
B.increasing marginal cost.
C.a downward-sloping demand curve.
D.declining average fixed cost.

Question

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The Answer of After the first unit sold, the marginal revenue a monopolist receives from selling one more unit of a good is less than the price at which that unit is sold because of:
A.diminishing marginal returns.
B.increasing marginal cost.
C.a downward-sloping demand curve.
D.declining average fixed cost.

After the First Unit Sold, the Marginal Revenue a Monopolist