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Business, 14.04.2020 23:42 kimlyn58p0wyn0

If a monopolist increases quantity by one unit, but sells the increased output at a slightly lower price:

A. all the previous units, which used to sell at a higher price, now sell for more.
B. the marginal revenue of selling a unit is more than the price of the unit.
C. because of higher output, the marginal revenue curve is above the demand curve.
D. marginal revenue is affected by adding one additional unit sold at the new price.

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