At the best, or optimum, level of output for the pure monopolist,

April 30, 2021 – by admin

Question:

At the best, or optimum, level of output for the pure monopolist,

A.

MR = SMC

B.

P = SMC

C.

P = lowest SAC

D.

P is highest.

Answer» a. MR = SMC

Note:

The above multiple-choice question is for all general and Competitive Exams in India.