A Monopolist Will Continue to Increase Production Until the Marginal

question 79

Multiple Choice

A monopolist will continue to increase production until the marginal cost of the variable factor is

• A)equal to zero.
• B)equal to the marginal revenue of the firm's output.
• C)less than the marginal revenue of the firm's output.
• D)equal to the marginal revenue product of the factor.
• E)greater than the marginal revenue of the firm's output.

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