Graphically, to find the profit-maximizing price for a monopoly, find the output level where MR = MC and draw a line from that output level vertically to the demand curve.

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To find the profit-maximizing price for a monopoly, you first identify the output level where marginal revenue (MR) equals marginal cost (MC). From this output level, you draw a vertical line up to the demand curve, which indicates the highest price consumers are willing to pay for that quantity, thus determining the profit-maximizing price.

Graphically, to Find the Profit-Maximizing Price for a Monopoly, Find