Economics: Market Structure and Macroeconomic Analysis - Rea style, black, white, class

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.

mayanfang1

答案和详解如下：

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.

Correct answer is A)

A monopolist will maximize profits by 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.

Jessicahp

STUDY

dynamic

thx

connie198226

good

baodexi

A

hjl2000

d

gracesun

 thanks

大狗狗

k

big36999

thanks