The marginal revenue curve of a monopolist is
...The marginal revenue curve of a monopolist is
Upward sloping from the right to left
Downward sloping from left to right
Parallel to the quantity axis
Downward sloping from right to left
Correct answer is B
The marginal revenue curve for the monopoly firm is downward sloping from left to right and lies below the market demand curve. It shows the additional revenue the monopolist gained from selling an additional unit.
Optimum population enables an economy to attain the highest level of ...
Which of the following can cause oil glut in the International market? ...
Which of the following caused the change in demand from D0 D0 to D2 D2? ...
In Nigeria, most agricultural policies are aimed at______? ...
The allocation of goods and services in a free market economy is performed by ...
A huge national debt is an indication that the gold reserves of a nation has A. appreciated ...
The main economic goal of ECOWAS is the attainment of ...
The excess of aggregate expenditure over full employment level of output is referred to as ...