In Which Situation Would a Monopolist Be Maximizing Profit When

Multiple Choice

In which situation would a monopolist be maximizing profit when it produces at an output where MR > MC?

A) none because when MR > MC, profit is not maximized
B) when the barriers of entry are overcome so that other firms enter
C) when costs keep falling as output increases
D) when price increases as output increases
E) when economic profit is greater than normal profit