Question: For a downward-sloping demand curve, except at the y-intercept, why is MRMR less than current price? Select one: da. MRMR is less than price whenever

For a downward-sloping demand curve, except at the y-intercept, why is MRMR less than current price? Select one: da. MRMR is less than price whenever demand is inelastic. b. Revenue is less than price because revenue subtracts costs while price does not. c. MRMR reflects the previous unit sold, and profit-maximizing firms always raise price. d. To induce the next demander to buy, the price has to be lower than the current price

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