A monopolist ________ when its marginal revenue is zero.
A) maximizes profit
B) maximizes total revenue
C) is efficient
D) shuts down

Name: A monopolist ________ when its marginal revenue is zero. A) maximizes profit B) maximizes total revenue C) is efficient D) shuts down
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Quizplus · Accepted Answer

A monopolist maximizes total revenue when its marginal revenue is zero, as this is the point where any additional unit sold does not change total revenue.

A Monopolist ________ When Its Marginal Revenue Is Zero