For a monopolist,profit is maximized at the level of output where MR = MC.

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Quizplus · Accepted Answer

This is known as the profit-maximizing rule for monopolists. The monopolist will produce at the point where marginal revenue (MR) equals marginal cost (MC) because this is the level of output where the additional revenue from selling one more unit (MR) is exactly equal to the additional cost of producing one more unit (MC). At this point, the monopolist is maximizing their profits.

For a Monopolist,profit Is Maximized at the Level of Output