Marginal revenue curve, A monopolist which does not price discriminate has a marginal

Marginal revenue curve

A monopolist which does not price discriminate has a marginal revenue curve which slopes down faster than does the demand curve the monopolist faces since: (1) economies of scale are significant. (2) selling more requires lowering the price of all units sold. (3) hiring more inputs entails higher costs as output expands. (4) marginal revenue minus demand is greater than zero.

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