Economy, asked by sunabarun49, 3 months ago

Under monopoly, what is the size of the marginal revenue curve?

Answers

Answered by ar5360771

Answer:

The marginal revenue for a monopolist is the private gain of selling an additional unit of output. The marginal revenue curve is downward sloping and below the demand curve and the additional gain from increasing the quantity sold is lower than the chosen market price.

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