EC 1101E Tutorial 4
Marginal
cost
10
5
10
15
22
28
35
45
As a monopolist, the profit maximizing point is when MR = MC.
If you have the TC and TR, then just compute the profit and find the qty that gives you the
highest profit. You don’t have to always find the point where MR = MC.
The profit-maximizing level of output changes.
Q = 6. It does not change.