For a Monopolist, When Does Marginal Revenue Equal Demand

question 183

Multiple Choice

For a monopolist, when does marginal revenue equal demand?

• A)when output is less than profit-maximising output
• B)when output is greater than profit-maximising output
• C)when there is a zero output
• D)marginal revenue is never equal to demand

---

Definitions:

Empathy-Altruism Hypothesis

The proposition that empathetic concern for others leads to altruistic behavior, motivated by a genuine desire to improve another's welfare.

Altruistic Behavior

Actions driven by the desire to help others without expecting personal gain or benefit, often motivated by empathy and concern for others.

Empathetic

Refers to the ability to understand and share the feelings of another person from their perspective.

Increase Helping

Suggests strategies or approaches aimed at enhancing the willingness or frequency of individuals to provide assistance to others in need.