Refer to the graph, which shows a total revenue curve for a monopolist. The profit-maximizing firm will produce in that output level where total revenue is
A)rising.
B)falling.
C)rising and falling.
D)zero.

Question

Refer to the graph, which shows a total revenue curve for a monopolist. The profit-maximizing firm will produce in that output level where total revenue is
A)rising. 
B)falling. 
C)rising and falling. 
D)zero.

Quizplus · Accepted Answer

The Answer of  Refer to the graph, which shows a total revenue curve for a monopolist. The profit-maximizing firm will produce in that output level where total revenue is
A)rising. 
B)falling. 
C)rising and falling. 
D)zero.

Refer to the Graph, Which Shows a Total Revenue Curve