The First-Order Condition for a Monopoly Maximizing Its Profit Is

question 102

Multiple Choice

The first-order condition for a monopoly maximizing its profit is:

• A) P − (dC(Q)/dQ) = 0.
• B) (dR(Q)/dQ) − (dC(Q)/dQ) = 0.
• C) (dR(Q)/dQ) − (dC(Q)/dQ) < 0.
• D) (d²R(Q)/dQ²) − (d²C(Q)/dQ²) < 0.

---

Definitions:

Roommates.com

An online platform designed to match individuals seeking to share housing or find a roommate.

Fair Housing Act

A federal law in the United States that prohibits discrimination in the buying, selling, renting, or financing of housing based on race, color, national origin, religion, sex, familial status, or disability.

Communications Decency Act

A section of U.S. federal law designed to regulate pornographic material on the internet, providing immunity to online platforms from liability for user-generated content.

Fire

A rapid oxidation process, which is a chemical reaction resulting in heat, light, and flame; can cause damage or destruction to objects or environments.