![A monopolist is able to maximize his profit when](https://www.gkseries.com/blog/wp-content/uploads/2022/09/A-monopolist-is-able-to-maximize-his-profit-when.png)
Q. A monopolist is able to maximize his profit when:
A. His output is maximum
B. He charges a high price
C. His average cost is minimum
D. His maginal revenue is equal to marginal cost
Answer: His maginal revenue is equal to marginal cost
Q. A monopolist is able to maximize his profit when:
A. His output is maximum
B. He charges a high price
C. His average cost is minimum
D. His maginal revenue is equal to marginal cost
Answer: His maginal revenue is equal to marginal cost
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