MCQOPTIONS
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| 1. |
In monopoly, the relationship between average and marginal revenue curves is as follows |
| A. | R curve lies above the MR curve |
| B. | R curve coincides with the MR curve |
| C. | R curve lies below the MR curve |
| D. | R curve is parallel to the MR curve |
| Answer» B. R curve coincides with the MR curve | |