For a monopolist, as output expands, price and marginal revenue become more divergent (i.e., are farther apart).

Name: For a monopolist, as output expands, price and marginal revenue become more divergent (i.e., are farther apart).
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As a monopolist produces more output, the market quantity increases, leading to a decrease in price. As a result, marginal revenue also decreases, but at a faster rate. This means that the gap between the price and marginal revenue increases, and they become more divergent.

For a Monopolist, as Output Expands, Price and Marginal Revenue