【单选题】One of the major differences between a monopolist and a purely competitive firm is that the monopolist has a _____ demand curve, while the purely competitive firm has a _____ demand curve.
【单选题】At his current level of output, a monopolist has a MR of $10, a MC of $6, and an economic profit of zero. If the market demand curve is downward sloping and his marginal cost curve is upward sloping, ...
A.
is producing at the profit-maximizing level of output.
B.
could increase profit by increasing output.
C.
could increase profit by increasing his price.
D.
should exit the market if significant fixed costs have been incurred.