Figure 15-2
The figure below reflects the cost and revenue structure for a monopoly firm.

-Refer to Figure 15-2.Which curve depicts the marginal-revenue curve for a monopoly firm
A)A
B)B
C)C

Question

Figure 15-2
The figure below reflects the cost and revenue structure for a monopoly firm.
 
-Refer to Figure 15-2.Which curve depicts the marginal-revenue curve for a monopoly firm
A)A 
B)B 
C)C

Quizplus · Accepted Answer

The marginal-revenue curve for a monopoly firm is downward sloping and lies below the demand curve. In this figure, curve B is downward sloping and lies below curve A (the demand curve), indicating that it is the marginal-revenue curve for the monopoly firm.

Figure 15-2 the Figure Below Reflects the Cost and Revenue Structure for Structure