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skelet666 [1.2K]
3 years ago
6

Which of the following statements regarding a monopolist is false? A. The marginal revenue cure lies below the demand curve for

the monopolists output. B. Unlike a perfectly competitive firm a monopolist faces little or no competition. C. The monoplist sets price equal to marginal cost to maximize profit. D. The monopolist may or this not earn positive economic profit.
Business
1 answer:
Sati [7]3 years ago
3 0

Answer:

C. The monoplist sets price equal to marginal cost to maximize profit.

Explanation:

To maximise the profit, monopolist charge price where MR = MC.

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