If the variable costs of a profit-maximizing pure monopolist decline, the firm should: a. produce more...

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If the variable costs of a profit-maximizing pure monopolist decline, the firm should: a. produce more output and charge a higher price. b. reduce both output and price. www c. raise both output and price. d. produce more output and charge a lower price. If the variable costs of a profit-maximizing pure monopolist decline, the firm should: a. produce more output and charge a higher price. b. reduce both output and price. www c. raise both output and price. d. produce more output and charge a lower price.

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