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Author Question: As a monopolist expands its output: A) the difference between the demand curve and the marginal ... (Read 25 times)

s.tung

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As a monopolist expands its output:
 
  A) the difference between the demand curve and the marginal revenue curve decreases.
  B) the difference between the demand curve and the marginal revenue curve increases.
  C) the slope of the demand curve decreases, while the slope of the marginal revenue curve increases.
  D) the slope of the demand curve increases, while the slope of the marginal revenue curve decreases.

Question 2

In the above figure, the relationship between x and y is
 
  A) positive, with slope decreasing as x increases.
  B) negative, with slope decreasing as x increases.
  C) negative, with slope increasing as x increases.
  D) positive, with slope increasing as x increases.



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juiceman1987

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Answer to Question 1

B

Answer to Question 2

A




s.tung

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


ttt030911

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Reply 3 on: Yesterday
Wow, this really help

 

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