Question: Question 1 3 0 . 4 pts A monopoly: all the answers are correct. has a marginal revenue curve which slopes downward and lies above

Question 13
0.4 pts
A monopoly:
all the answers are correct.
has a marginal revenue curve which slopes downward and lies above
the demand curve.
will shut down if losses exceed total foxed cost.
faces the market demand curve which is perfectly elastic.
will maximize profit by producing a quantity where MR=AR.
Question 1 3 0 . 4 pts A monopoly: all the

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