a
highest point on the total revenue curve
b
minimum point on the average revenue and the average cost curve
c
intersection of the average revenue and the average cost curves
d
intersection of the marginal cost and marginal revenue curves
Explanation
Correct Option
cNo explanation available
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Adaobiiiii
4 years ago
the equilibrium of the monopolist is defined by point ɛ, at which the MC intersects the MR curve from below.
the correct answer is D
