If at the output where marginal cost equals marginal


If, at the output where marginal cost equals marginal revenue, both a pure competitor's and a monopolist's marginal revenue is $5.00:

A) both sellers' profit-maximizing price will be $5.00.

B)) both sellers' profit-maximizing price will be greater than $5.00.

C) the pure competitor's profit-maximizing price will be $5.00, and the monopolist's profit-maximizing price will be greater than $5.00.

D) the monopolist's profit-maximizing price will be $5.00, and the pure competitor's profit-maximizing price will be greater than $5.00.

E) it is impossible to compare the output choice of the perfect competitor with that of the monopolist.

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Business Economics: If at the output where marginal cost equals marginal
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