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For a monopolist, the profit-maximizing output is given by the condition ____, and the profit-maximizing price is given by the associated point on the ____.

For a monopolist, the profit-maximizing output is given by the condition ____, and the profit-maximizing price is given by the associated point on the ____. The actual profit per unit depends on the position of the ____ curve.

a. MR=MC; demand curve; ATC

b. Demand=supply; demand curve; AFC

c. MR=MC; demand curve; AFC

d. Demand=supply; demand curve; ATC

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