The Profit Maximizing Quantity for a Monopoly Is Where

question 6

Multiple Choice

The profit maximizing quantity for a monopoly is where

• A)marginal revenue is 0
• B)marginal revenue=marginal cost
• C)marginal cost=demand
• D)consumer surplus is minimized

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Definitions:

Kidney Tubules

Microscopic tubes in the kidneys where urine is formed through the processes of filtration, reabsorption, and secretion.

Desmosome

A type of intercellular junction that anchors cells together in tissues that are subject to considerable stretching.

Tight Junction

A specialized connection between neighboring cells that creates a barrier to prevent the leakage of molecules across epithelial tissues.

Gap Junction

Specialized intercellular connections between a multitude of animal cell-types that permit the direct transfer of chemical and electrical signals.