Question 18 Price Curve D Curve C P5 P4 P3 P2 P1 Curre A Curre B Q4 Qs Quantity Refer to Figure. For the monopoly firm, at the profit-maximizing level of output, O A marginal cost is equal to P4. O B. marginal revenue is equal to P3. O C. average revenue is equal to P4. O D. average total cost is equal to P1.

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