Suppose a monopolist is producing where the marginal cost curve intersects the demand curve. the monopolist a. is maximizing profits. b. can increase profits by selling more units at a higher price. c.

Suppose a monopolist is producing where the marginal cost curve intersects the demand curve. the monopolist

a. is maximizing profits.
b. can increase profits by selling more units at a higher price.
c. can increase profits by selling fewer units since marginal cost is greater than marginal revenue.
d. can increase profits by selling more units since marginal cost is less than marginal revenue.

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