Question: A monopolist maximizes profits by finding Select one: O a. the price where average revenue and marginal cost are equal. O b. the rate of

A monopolist maximizes profits by finding Select one: O a. the price where average revenue and marginal cost are equal. O b. the rate of output where marginal revenue equals marginal cost. O c. the price where price exceeds marginal revenue by that largest amount O d. the rate of output where price equals marginal cost
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