According to the standard model of monopoly, a profit-maximizing firm will produce at the output level where:

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In the standard model of monopoly, a profit-maximizing firm will produce at the output level where marginal revenue (MR) equals marginal cost (MC). This is because at this point, the cost of producing one more unit is exactly balanced by the revenue it generates, maximizing profit.

According to the Standard Model of Monopoly, a Profit-Maximizing Firm