The monopolist's total revenue curve is represented graphically by a positively sloped line.

Name: The monopolist's total revenue curve is represented graphically by a positively sloped line.
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A monopolist's total revenue curve is not always represented by a positively sloped line; it initially rises with quantity, then reaches a peak, and eventually declines, reflecting the fact that to sell more units, a monopolist must lower the price, which affects total revenue.

The Monopolist's Total Revenue Curve Is Represented Graphically by a Positively