Economics - Monopoly

Can someone give the numerical example to show that a monopolist's marginal revenue can be upward sloping over part of its range: The price on the demands curve is the producer's average revenue.
Thanks if u cn help.
Anonymous User
Anonymous User
Asked Jan 22, 2012
Unlike a competitive market, a monopoly's marginal revenue that it gets from selling an additional unit will always be less than the price the unit is sold for.
Answered Jan 22, 2012

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