The goal of any monopolist is to maximize:

Name: The goal of any monopolist is to maximize:
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The goal of a monopolist is to maximize economic profits, which is the difference between total revenue and total cost. This is because the monopolist has control over the market and can set the price to maximize profits. Maximizing output or consumer welfare may result in lower profits for the monopolist, while normal profits may not be sufficient to cover the costs of maintaining a monopoly.

The Goal of Any Monopolist Is to Maximize