Which curve is the demand curve? Curve 1 Which curve is the marginal revenue curve? Curve 2 Why?
Test Yourself Monopoly. Which curve is the demand curve? Curve 1 Which curve is the marginal revenue curve? Curve 2 Why? For a monopoly to sell more, they must decrease price, therefore marginal revenue is less than demand. Market power because only one firm. $. 1. 2. Quantity.
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