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snowga snowga
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A year ago
The marginal revenue curve facing a single-price monopolist

▸ shows the change in the profit for the firm.

▸ is the same as the average revenue curve facing the monopolist.

▸ at first falls to a minimum and then rises as output is increased.

▸ lies below the average revenue curve.

▸ is the same as the demand curve facing the monopolist.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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jpinette86jpinette86
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A year ago
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