Social Studies, 24.04.2020 22:08 jacksontwyford

Assume a monopoly firm has a downward sloping linear demand curve and cannot price discriminate
What happens to the firm’s marginal revenue as it sells additional units?

Marginal revenue increases.

Marginal revenue increases then decreases.

Marginal revenue decreases then increases.

Marginal revenue is constant.

Marginal revenue decreases.

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Assume a monopoly firm has a downward sloping linear demand curve and cannot price discriminate

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