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Q. |
Which of the following statement is true |
A. | For a monopoly firm AR can be zero |
B. | For a monopoly firm MR can be zero or even negative |
C. | For monopoly firm MR and AR are identical |
D. | For a monopoly firm MR and AR are positive sloped |
Answer» B. For a monopoly firm MR can be zero or even negative |
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Fundamentals of Economics and ManagementNo comments yet