Consider the Following Cost Information for a Monopolist: Its MR

Multiple Choice

Consider the following cost information for a monopolist: its MR
= $15, its MC = $23, and it is producing 9 units of output.Which
Of the following statements is correct?

A) The monopolist should produce and sell 9 units of output.
B) The monopolist should increase production of output.
C) We need more information to decide if the firm needs to produce.
D) The monopolist should not produce this output because MR < MC.