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