As output increases in a monopoly, the firm’s total revenue: / » Micro economics 2 solved MCQs / By admin Question: As output increases in a monopoly, the firm’s total revenue: A. first increases and then decreases B. first decreases and then increases C. increases continuously D. decreases continuously Answer» a. first increases and then decreases Note: The above multiple-choice question is for all general and Competitive Exams in India.
