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Reading 19: Monopoly - LOS b ~ Q11

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.

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.

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a

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a

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thx

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f

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d

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thx

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天涯

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a

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