When the demand curve is downward sloping marginal revenue is-09045
When the demand curve is downward sloping, marginal revenue is:
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Mid Term - Quiz No.10.
When the demand curve is downward sloping, marginal revenue is:
Equal to price.
Equal to average cost.
Less than price.
More than price.
