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When a monopolist increases the amount of output that it produces and sells, average revenue

a. increases, and marginal revenue increases.
b. increases, and marginal revenue decreases.
c. decreases, and marginal revenue increases.
d. decreases, and marginal revenue decreases.

User Dragonborn
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1 Answer

4 votes

Answer:

d. decreases, and marginal revenue decreases.

User Hrvoje Hudo
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