Question

"a monopolist's demand curve, marginal revenue, and its costs. At the profit-maximizing output level, the monopolist's profit would be"

Answer 1

when the marginal cost equals the marginal revenue.

Step-by-step explanation:

Given that a monopolistic market is a market in which there is only one producer or supplier of a particular product or service in a given area, and thus has a great influence on the piece and distribution.

Therefore, in this situation, at the profit-maximizing output level, the monopolist's profit would be when the marginal cost equals the marginal revenue.