asked 200k views
2 votes
When a monopolist increases the amount of output that it produces and sells, average revenue

a. increases, and marginal revenue increases.
b. increases, and marginal revenue decreases.
c. decreases, and marginal revenue increases.
d. decreases, and marginal revenue decreases.

1 Answer

4 votes

Answer:

d. decreases, and marginal revenue decreases.

answered
User Hrvoje Hudo
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