The table shown represents the revenues faced by a monopolist.

Marginal revenue for the firm:
A)increases at first, then decreases as output increases.
B)is negative after the sixth unit.
C)increases constantly as output increases.
D)decreases at first, then increases after the sixth unit.

Question

The table shown represents the revenues faced by a monopolist.

Marginal revenue for the firm:
A)increases at first, then decreases as output increases. 
B)is negative after the sixth unit. 
C)increases constantly as output increases. 
D)decreases at first, then increases after the sixth unit.

Quizplus · Accepted Answer

The Answer of The table shown represents the revenues faced by a monopolist.

Marginal revenue for the firm:
A)increases at first, then decreases as output increases. 
B)is negative after the sixth unit. 
C)increases constantly as output increases. 
D)decreases at first, then increases after the sixth unit.

The Table Shown Represents the Revenues Faced by a Monopolist