A firm selling products in a monopoly product market finds its marginal revenue product falling much more quickly than a firm selling in a perfectly competitive product market because in addition to diminishing returns.

This question is incomplete, here is the complete question

A firm selling products in a monopoly product market finds its marginal revenue product

falling much more quickly than a firm selling in a perfectly competitive product market,

because in addition to diminishing returns,

(A) the government is required to regulate the price of the product.

(B) the firm becomes inefficient by trying to sell too many units of output.

(C) the firm must lower the price of all products in order to sell more units.

(D) consumers prefer not to buy from monopolies, so demand falls.

(E) workers tend to earn higher wages in monopoly product firms.

The answer to this question is C.

Explanation:

Monopoly occur when there is only one producer of a particular commodity that has no substitute in the market. On the other hand, a perfectly competitive market is one in which buyers or seller cannot influence the prices of goods and services.

what is marginal revenue. Marginal revenue is the addition to total revenue as a result of an additional unit of the product sold.

Therefore in addition to diminishing return, the firm must lower the price of all products in order to sell more units