A monopolist will never produce at a point where ____________________.
A. demand is price-inelastic.
B. demand is price-elastic.
C. .MC is positive.
D. . marginal cost is increasing
Answer:D
A monopolist will never produce at a point where ____________________.
A. demand is price-inelastic. B. demand is price-elastic. C. .MC is positive. D. . marginal cost is increasing