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If the Demand for a Monopolist's Product Increases, Its

Question 333

Multiple Choice

If the demand for a monopolist's product increases, its


A) marginal revenue increases, making it more profitable to hire more workers.
B) marginal revenue increases, making it more profitable to hire fewer workers.
C) marginal revenue decreases, making it more profitable to hire more workers.
D) marginal revenue decreases, making it more profitable to hire fewer workers.

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