contestada

An un-regulated pure monopolist will maximize profits by producing that output at which:________.
A. P = MC.
B. P = ATC.
C. MR = MC.
D. MC = AC.

Respuesta :

Answer:

Option (C) MR = MC

Explanation:

An un-regulated pure monopolist will maximize profits by producing that output at which

MR = MC

here,

MR is the marginal revenue

MR is the change in total revenue resulting from the change in the rate of sales by 1 unit.

MR is also the slope of Total Revenue curve.

And,

MC is the increase in cost per unit of the goods produced.

Hence,

Option (C) MR = MC

Otras preguntas