For a Profit-Maximizing Monopolist,when Should Output Be Increased to Enhance

question 221

Multiple Choice

For a profit-maximizing monopolist,when should output be increased to enhance economic well-being

• A)as long as average revenue exceeds marginal cost
• B)as long as average revenue exceeds average total cost
• C)as long as marginal revenue exceeds marginal cost
• D)as long as marginal revenue exceeds average total cost