The MR curve of a perfectly competitive firm is horizontal. The MR curve of a monopoly firm

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The MR curve of a perfectly competitive firm is horizontal. The MR curve of a monopoly firm is:

a. horizontal, too.

b. upward sloping.

c. downward sloping.

d. it depends.

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Economics

ISBN: 9781264112272

22nd Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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