A firm in monopolistic competition has "marginal revenue" which:
A) is always greater than its marginal cost.
B) is always shown above its related down-sloping demand curve when plotted on a graph.
C) is the change in total revenue which results from the sale of one more unit of a product.
D) is always positive (i.e., greater than zero) .
E) All of the above.
Correct Answer:
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