A monopolist will maximize profit where marginal revenue equals marginal cost.

Name: A monopolist will maximize profit where marginal revenue equals marginal cost.
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This is a basic principle of monopolies. A monopolist will produce at the level of output where marginal revenue (the additional revenue from selling one more unit) equals marginal cost (the additional cost of producing one more unit). This level of output will result in the highest profit for the monopolist.

A Monopolist Will Maximize Profit Where Marginal Revenue Equals Marginal