Q. The best, or optimum, level of output for the pure monopolist occurs at the point where (Solved)
1. STC is minimum
2. TR = STC
3. TR is maximum
4. the TR and STC curves are parallel.
- d. the TR and STC curves are parallel.
1. STC is minimum
2. TR = STC
3. TR is maximum
4. the TR and STC curves are parallel.