A monopolist will be able to maximize his profits when _________? [A] His output is maximum[B] He charges a Higher price[C] His average cost is minimum[D] His marginal cost is equal to the marginal revenueShow AnswerCorrect Answer: D [His marginal cost is equal to the marginal revenue]Advertisement Kindly help us to keep GKToday updated and error free. Use this form to report error or outdated information in questions. We shall rectify asap...
