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Q. |
## If the demand curve is linear and negatively sloped, the marginal revenue curve has a slope: |

A. | Negative |

B. | Positive |

C. | Neither negative nor positive |

D. | Either negative or positive |

Answer» A. Negative |

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Micro Economics 1No comments yet

- If a positively sloped linear supply curve crosses the quantity axis, the elasticity of supply is:
- If a positively sloped linear supply curve passes through the origin, the elasticity of supply is:
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- When demand curve is rectangular hyperbola, the value of price elasticity of demand will be:
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