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The best, or optimum, level of output for the pure monopolist occurs at the point where

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Question:

The best, or optimum, level of output for the pure monopolist occurs at the point where

A.

STC is minimum

B.

TR = STC

C.

TR is maximum

D.

the TR and STC curves are parallel.

Answer» d. the TR and STC curves are parallel.

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