Exhibit 8-1 Monopolist's demand curve

-In Exhibit 8-1,the marginal revenue curve corresponding to the monopolist's demand curve would be a straight line drawn between points:

Question

Exhibit 8-1 Monopolist's demand curve
 
-In Exhibit 8-1,the marginal revenue curve corresponding to the monopolist's demand curve would be a straight line drawn between points:

Quizplus · Accepted Answer

In a monopoly, the marginal revenue curve is typically a straight line that starts from the same point on the vertical axis as the demand curve but has twice the slope, intersecting the horizontal axis at a point halfway between the origin and where the demand curve intersects the horizontal axis. This is typically represented by a line from point A to D.

Exhibit 8-1 Monopolist's Demand Curve