A monopoly's marginal revenue is the same as its price.

Name: A monopoly's marginal revenue is the same as its price.
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A monopoly's marginal revenue is always less than its price because the monopolist faces a downward sloping demand curve and must lower its price to increase sales. This means that for every additional unit sold, the monopolist earns less revenue than the previous unit sold, resulting in a marginal revenue curve that is below the demand curve.

A Monopoly's Marginal Revenue Is the Same as Its Price