Bonus Packs Are Intended to Encourage Trial from Consumers.

Question 42
Multiple Choice

Which of the following statements is true? A) The marginal revenue of a monopolistically competitive firm will be positive at high prices and negative at low prices. B) Because the demand curve for a monopolistically competitive firm is downward sloping, its marginal revenue will be negative. C) The marginal revenue of a monopolistically competitive firm will be always be positive. D) The marginal revenue of a monopolistically competitive firm will be positive at low prices and negative at high prices.