-According to the above figure, the profit-maximizing price for the monopolist is
A) A.
B) B.
C) C.
D) D.

Name: -According to the above figure, the profit-maximizing price for the monopolist is A) A. B) B. C) C. D) D.
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Question

-According to the above figure, the profit-maximizing price for the monopolist is
A) A. 
B) B. 
C) C. 
D) D.

Quizplus · Accepted Answer

The profit-maximizing price is the price at which the monopolist's marginal revenue equals its marginal cost. In the figure, this occurs at point A.

-According to the Above Figure, the Profit-Maximizing Price for the Monopolist