If a monopolist's marginal revenue is $15 per unit and its marginal cost is $25, then to maximize profit the firm should decrease output.

Name: If a monopolist's marginal revenue is $15 per unit and its marginal cost is $25, then to maximize profit the firm should decrease output.
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A monopolist maximizes profit by producing where marginal revenue equals marginal cost. If marginal revenue ($15) is less than marginal cost ($25), the firm should decrease output to increase profit.

If a Monopolist's Marginal Revenue Is $15 Per Unit and Its