Refer to the graph, which shows a total revenue curve for a monopolist. When the total revenue curve reaches a maximum, marginal revenue is
A)positive.
B)negative.
C)zero.
D)greater than price at that level of output.

Question

Refer to the graph, which shows a total revenue curve for a monopolist. When the total revenue curve reaches a maximum, marginal revenue is
A)positive. 
B)negative. 
C)zero. 
D)greater than price at that level of output.

Quizplus · Accepted Answer

The Answer of  Refer to the graph, which shows a total revenue curve for a monopolist. When the total revenue curve reaches a maximum, marginal revenue is
A)positive. 
B)negative. 
C)zero. 
D)greater than price at that level of output.

Refer to the Graph, Which Shows a Total Revenue Curve