For a monopolist, the average revenue (AR) curve is?

By: |Published on: May 24|Categories: Economics WAEC| 0 comments

A. above the total curve
B. the same as the marginal cost curve
C. above the marginal revenue curve
D. the same as that of the perfect competitor

Correct Answer: Option C

C. above the marginal revenue curve

Users Also Read These:

SEE ALSO  One of the major factors militating against industrialization in Nigeria is the?

Copyright warnings! Do not copy.