单选题
What is the relationship between price and marginal revenue for a
price searcher?
A. Marginal revenue > price.
B. Marginal revenue < price.
C. Marginal revenue = price.
【正确答案】
B
【答案解析】For a price searcher, demand is downward sloping, marginal revenue is less than price since price must be reduced to sell additional units of output.