At any given output the marginal revenue of the monopolist may be equal to,greater than,or less than its average revenue.

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For a monopolist, marginal revenue can be equal to or less than average revenue, but it cannot be greater than average revenue. This is because, in a monopolistic market, the firm faces a downward-sloping demand curve, meaning it must lower the price to sell more units, which causes the average revenue to decrease as output increases.

At Any Given Output the Marginal Revenue of the Monopolist