The profit- maximising level of output for a monopolist is the one at which marginal revenue equals marginal cost.

Name: The profit- maximising level of output for a monopolist is the one at which marginal revenue equals marginal cost.
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For a monopolist, profit is maximized when marginal revenue (MR) equals marginal cost (MC), as this is the point where the cost of producing an additional unit is exactly covered by the revenue it generates.

The Profit- Maximising Level of Output for a Monopolist Is