# [Solved] If the Marginal Cost of the 1000th Unit Produced by a Monopolist

Question 47
Multiple Choice
Question 47

## If the marginal cost of the 1000th unit produced by a monopolist is $16 and its marginal revenue is$20,what should the monopolist do?

A)Produce more until the marginal profit becomes zero.
B)Produce less since the costs will be less and therefore the profit will be greater.
C)Produce less since it will be able to sell them at a higher price and therefore obtain greater profits.
D)Produce more until the marginal revenue becomes zero.

Tags

10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes.

Explore our library and get Economics Homework Help with various study sets and a huge amount of quizzes and questions

### Related Questions

Get Free Access Now!

Invite