Home » Economics » In the long-run, a monopolist maximized his profit when the marginal cost equals?In the long-run, a monopolist maximized his profit when the marginal cost equals? In the long-run, a monopolist maximized his profit when the marginal cost equals? A. total revenue B. marginal revenue C. average revenue D. price Correct Answer: Option D Explanation Related Posts The type of cost which has to be covered for a firm to continue production… A budget with a projected revenue in excess of its expenditure is said to be? When the demand for a commodity is inelastic, total revenue will fall if Farm produce are graded, packed and distributed by In a textile factory, the cost of cotton used is a typical example of A movement along the same demand curve is caused by the
