In the long-run; a monopolist maximized his profit when the marginal cost equals? by Sunday | Oct 30 | Economics JAMB | 0 comments A. total revenue B. marginal revenue C. average revenue D. price Correct Answer: Option D – price Users Also Read These:A market condition where profit is maximized when MR…If a producer sells 1kg of rice for N20 and his…The profit of a monopolist can be eliminated where…A firm with marginal cost equals to its marginal…At the point where marginal revenue of a monopolist…