At What Level of Output Will a Profit-Maximizing Monopolist Produce

question 156

Multiple Choice

At what level of output will a profit-maximizing monopolist produce

• A)the level of output at which price is equal to average total cost
• B)the level of output at which average revenue is equal to marginal cost
• C)the level of output at which marginal revenue is equal to marginal cost
• D)the level of output at which total revenue is equal to opportunity cost