Which is the following statements is appropriate in case of monopoly ........

Which is the following statements is appropriate in case of monopoly?

AR curve slopes upwards while MR curve slopes downwards

Slope of both AR and MR curves is upwards

Slope of both AR and MR curves is downwards and MR curve is below AR curve

Slope of both AR and MR curves is downwards and MR curve is above AR curve

Slope of both AR and MR curves is downwards and MR curve is below AR curve

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