At the point where the marginal revenue of a monopolist is equal to zero, its total revenue will be?
a
falling
b
rising
c
equal to zero
d
maximum
Explanation
Correct Option
dNo explanation available
Video Explanation
No video available
Post your Contribution
Share:
Discussions (8)

Deepthinker581
4 years ago
A monopoly maximizes profit by producing the quantity where marginal revenue equals marginal cost. Revenue is maximized at the quantity where marginal revenue equals zero.
The answer here is D




