For a monopoly, the level of output at which marginal revenue equals zero is also the level of output at which
A)average revenue is zero.
B)profit is maximized.
C)total revenue is maximized.
D)marginal cost is zero.

Question

Quizplus · Accepted Answer

When marginal revenue equals zero, any additional unit of output does not increase total revenue, indicating that total revenue is maximized at this level of output.

For a Monopoly, the Level of Output at Which Marginal