When marginal revenue is zero for a monopolist facing a downward-sloping straight-line demand curve, the price elasticity of demand is:
A. greater than 1.
B. equal to 1.
C. less than 2.
D. equal to 0.
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Home » Business » When marginal revenue is zero for a monopolist facing a downward-sloping straight-line demand curve, the price elasticity of demand is: A. greater than 1. B. equal to 1. C. less than 2. D. equal to 0.