Reading 19: Monopoly - LOS b ～ Q11 2009, black, white

mayanfang1

Q11. A monopolist will maximize profits by:

A)   producing at the output level where marginal revenue equals marginal cost and charging a price on the demand curve that corresponds to the output rate.

B)   producing at the point where price is equal to MR.

C)   producing at the output level where marginal revenue equals average variable cost and charging a price along the demand curve that corresponds to the output rate.

spidermanyan

 a

xwsh0325

d

seraphiris0116

thanks

yamimiyato

4

jolininmn

3

Ronnie512

[em50]

Anyone2010

thnks

goldfishcfa

thanks

stemnan

thanks