CFA Practice Question

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CFA Practice Question

Refer to the graph below. The marginal revenue curve is represented by curve ______.

A. A
B. B
C. C
D. D
Correct Answer: D

Marginal revenue is downward-sloping and lies below the demand curve.

User Contributed Comments 1

User Comment
danlan A=MC, B=ATC, C=D, D=MR
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