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For a monopoly firm the MR Curve

Question:

For a monopoly firm the MR Curve

A.

Overlaps AR curve

B.

Is above the AR curve

C.

Lies half way between AR curve and the Y axis

D.

Is same as AR curve

Answer» c. Lies half way between AR curve and the Y axis

Note: The above multiple-choice question is for all general and Competitive Exams in India