Exhibit 9.2 -Refer to Exhibit 9.2,which Shows the Cost and Revenue Curves

Multiple Choice

Exhibit 9.2

-Refer to Exhibit 9.2,which shows the cost and revenue curves faced by a monopolist.At the profit-maximizing output level for the monopolist,_____

A) marginal revenue is zero.
B) marginal revenue is equal to marginal cost.
C) marginal cost is less than marginal revenue.
D) marginal cost is equal to average total cost.
E) price is equal to marginal cost.