The Profit- Maximizing Monopolist That Faces a Horizontal TC Curve

question 49

Multiple Choice

The profit- maximizing monopolist that faces a horizontal TC curve will:

• A)produce that level of output at which MR is equal to zero.
• B)shut down and move to his best alternative employment.
• C)charge a price equal to MC and satisfy all market demand.
• D)produce at the level of output where demand equals supply.

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