If a firm is operating in a market that is imperfectly compe

If a firm is operating in a market that is imperfectly competitive, then the O marginal revenue curve lies under the demand curve O marginal revenue curve is above the demand curve since price applies to all units sold. O total revenue is a flat line, because a firm\'s sales are independent of product price 0 the marginal revenue curve and the demand curve are identical

Solution

Answer: For a imperfectly competitive market, the marginal revenue curve lies under the demand curve. For example the monopoly market.