When a Non-Discriminating Monopolist Is Maximizing Profit,its Marginal Revenue

question 45

Multiple Choice

When a non-discriminating monopolist is maximizing profit,its marginal revenue

• A)must be positive
• B)must be negative
• C)must equal zero
• D)may be either positive or negative
• E)must be upward sloping

---

Definitions:

Cost Of Goods Sold

Expenses directly tied to the production process of goods a company markets.

Beginning Inventory

The value of goods available for sale or use at the start of an accounting period, carried over from the preceding period.

Cost Of Goods Sold

The total cost directly involved in producing goods or services, including materials and labor.

Net Income

The amount of money left after all expenses, taxes, and costs have been subtracted from a company's total revenue.