6. If a monopolist has a straight-line demand curve, its marginal revenue curve (LO1) a) will be the same as the demand curve b will fall twice as quickly as the demand curve c) will lie below the demand curve at all points d) will cross the demand curve 7. Which statement is true? (LO2) a The monopolist and the perfect competitor both produce where MC equals MR. b) Neither the monopolist nor the perfect competitor produce where MC equals MR. c) The monopolist, but not the perfect competitor, produces where MC equals MR. d) The perfect competitor, but not the monopolist, produces where MC equals MR