-Refer to Figure 10.9.The profit-maximizing level of output for the monopolist is
A) 500.
B) 600.
C) 800.
D) 1,200.

Name: -Refer to Figure 10.9.The profit-maximizing level of output for the monopolist is A) 500. B) 600. C) 800. D) 1,200.
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Question

-Refer to Figure 10.9.The profit-maximizing level of output for the monopolist is
A) 500. 
B) 600. 
C) 800. 
D) 1,200.

Quizplus · Accepted Answer

The profit-maximizing level of output for the monopolist is where marginal revenue equals marginal cost. In Figure 10.9, this occurs at an output level of 500 units.