A Monopolist Will Maximize Profits by

Multiple Choice

A monopolist will maximize profits by

A) setting the price at the level that will maximize per-unit profit.
B) producing the output where marginal revenue equals total cost and charging a price along the demand curve.
C) selling at the price on the demand curve at the output rate where marginal revenue equals marginal cost.
D) producing at the output rate where price equals marginal cost.