The marginal revenue curve for a monopolist ____________________ the market demand curve.
A. always rises above
B. always lies beneath
C. always runs parallel
D. always is the same
Answer:B
The marginal revenue curve for a monopolist ____________________ the market demand curve.
A. always rises above B. always lies beneath C. always runs parallel D. always is the same
Explanation: 30. For a pure monopoly to exist,