To Maximize Profit, the Monopolist Increases Output

question 44

Multiple Choice

To maximize profit, the monopolist increases output:

• A)until it is using full manufacturing capacity.
• B)until marginal cost is equal to marginal revenue.(True Answer )Correct
• C)to the same amount it would produce if the firm was competitive, but maximizes price.
• D)as long as the marginal revenue curve is higher than the demand curve.

---

Definitions:

Puberty

The developmental stage in which a child's body begins to develop adult sexual characteristics and becomes capable of reproduction.

Breast Development

The process during puberty involving hormonal changes that result in the growth and maturation of breast tissue.

Menarche

The occurrence of the first menstrual cycle in adolescent girls, a significant milestone in female puberty.

Parenting Style

The emotional climate and strategies employed by parents in raising their children, including authoritative, authoritarian, permissive, and uninvolved styles.