Question:

Monopolists are said to be allocatively inefficient because:

A.

they produce where mr > mc.

B.

at the profit-maximizing output price is greater than avc.

C.

they produce only the type of product they desire and do not consider the consumer.

D.

at the profit-maximizing output the marginal benefit to society of additional output is

Answer» d. at the profit-maximizing output the marginal benefit to society of additional output is