-Consider Figure 9.2, which depicts a profit-maximizing monopolist. The profit- maximizing price is:

Question

Quizplus · Accepted Answer

The profit-maximizing price for a monopolist is determined at the point where marginal cost (MC) intersects with marginal revenue (MR). This intersection dictates the quantity to be produced. From that quantity, you trace a line up to the demand curve to find the price. 0B represents this price on the graph, as it is the point on the demand curve directly above the MC=MR intersection.