When a monopolist identifies its profit-maximizing quantity of output, how does it decide what price to charge?
A. It charges a price equal to the marginal cost at the profit-maximizing output level.
B. It charges a price slightly greater than the marginal cost at the profit-maximizing output level.
C. Cannot be determined from information given
D. It charges a price less than the marginal cost at the profit-maximizing output level.
d. It charges a price less than the marginal cost at the profit-maximizing output level.
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