All of the following are true regarding a monopolist's marginal revenue except which one?
A) It is equal to the change in total revenue resulting from a change in quantity sold.
B) It is less than the price for all units produced.
C) It is downward sloping.
D) It is equal to price for all units produced.
D) It is equal to price for all units produced.
You might also like to view...
What is microenculturation?
A. a condition that exists in large, industrialized states, wherein most of the population has only a small amount of real culture B. the process whereby particular roles are learned within a limited social system (for example, a business) C. the process whereby enculturation is accomplished through advanced media technology D. the result of the meeting between foraging and tribal communities in less developed countries E. enculturation based on a focused interest; for example, reruns of a TV show like Star Trek
Tawantinsuyu, the Inca empire, literally refers to the
A. Land of Opportunity. B. Land of 4 Seasons. C. Land of 4 Quarters. D. Land of Llamas.
Cultural anthropology is composed of which two scholarly components?
a. Ethnography and ethnohistory b. Ethnography and ethnology c. Ethnology and ethnohistory d. Ethnohistory and ethnoarchaeology e. Linguistics and ethnography
All of the following are characteristics commonly associated with domesticated plants except:
a. increased size. b. increase in natural seed dispersal mechanisms. c. reduction of seed protective devices, such as husks. d. loss of delayed seed germination. e. development of simultaneous ripening.