A Monopolist Will Choose to Increase Output When

question 121

Multiple Choice

A monopolist will choose to increase output when

• A)market price increases.
• B)at all levels of output, marginal cost increases.
• C)at the present level of output, marginal revenue exceeds marginal cost.
• D)the demand curve shifts to the left.

---

Definitions:

Motives

Internal drives or reasons that prompt an individual to act in a certain manner, aiming to fulfill a need or achieve a goal.

Defence Mechanism

Unconscious psychological strategies brought into play by various entities to manage thoughts and feelings that are perceived as socially unacceptable.

Projection

A psychological defense mechanism in which individuals attribute their own unacceptable thoughts, feelings, or motives to another person.

Attraction

A force that draws individuals together, often used in the context of interpersonal or sexual appeal.