Question: Use the following graphs to answer the next question. A set of 4 graphs depicts 2 curves each with P on vertical axis and quantity

Use the following graphs to answer the next question. A set of 4 graphs depicts 2 curves each with P on vertical axis and quantity on horizontal axis.In graph 1, a decreasing line labeled MR intersects an increasing line from origin labeled D. In graph 2, two decreasing lines, MR and D begin from the same point at the vertical axis and MR has a greater slope than D. MR lies near the origin. In graph 3, two decreasing parallel lines, MR and D are drawn. MR lies near the origin. In graph 4, two decreasing lines, MR and D begin from the same point at the vertical axis. D has a greater slope than MR, lies near the origin, and meets the horizontal axis. Which of the above shows the correct relationship between demand and marginal revenue for a pure monopoly? Multiple Choice Graph 1 Graph 2 Graph 3 Graph 4

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