The Figures Given Below Represent the Revenue Curves of a Monopolist.Figure

Multiple Choice

The figures given below represent the revenue curves of a monopolist.Figure 11.2
TR: Total revenue curve
AR: Average revenue curve
MR: Marginal revenue curve
-If at an output of 10 units a monopolist is earning a positive profit, marginal revenue is $6, and marginal cost is $4, then the monopolist:

A) is in equilibrium.
B) should increase output.
C) should reduce output.
D) should lower the price at the current output level.
E) should raise the price at the current output level.