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Under what conditions, if ever, would a profit maximizing monopolist want to produce where total revenue...

Under what conditions, if ever, would a profit maximizing monopolist want to produce where total revenue is maximized?

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Answer #1

A profit maximizing will produce at the point where the MR and the MC are equal. To maximize the revenue the MR has to be zero beyond that point if the monopolist increase the output its total revenue will be decreasing as the marginal revenue will be negative.

to produce at the profit maxiizing point i.e MR =MC and revenue maximizing i.e. MR=0. the cost has to be zero. If the marginal cost of producing some good like a PDF version of some book online. or some other goods where the marginal cost is zero. then the profit maximizing monopoly will be maximize the revenue as well.

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