An Increase in Demand for a Monopolist Will Cause The

Multiple Choice

An increase in demand for a monopolist will cause the:

A) profit-maximizing price to decrease when marginal cost decreases as quantity increases.
B) profit-maximizing price to increase when marginal cost decreases as quantity increases.
C) profit-maximizing price to decrease when marginal cost increases as quantity increases.
D) profit-maximizing price to stay constant regardless of the shape of the marginal cost curve.