The profit-maximizing level of output for a monopolist is the one at which marginal revenue equals marginal cost.

Name: The profit-maximizing level of output for a monopolist is the one at which marginal revenue equals marginal cost.
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A monopolist maximizes profit by producing the quantity of output at which marginal revenue (MR) equals marginal cost (MC), as this is the point where the additional revenue from selling one more unit equals the additional cost of producing that unit.

The Profit-Maximizing Level of Output for a Monopolist Is the One