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Business, 29.03.2021 20:00 babiezoe15

Except for the very first unit sold, the marginal revenue in a monopoly market is always less than the price because the: multiple choice price effect always works in the same direction of the quantity effect. price effect always works in the opposite direction of the quantity effect. marginal effect always works in the opposite direction of the quantity effect. price effect always works in the opposite direction of the marginal effect.

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