Question

The Go Sports Company is a profit-maximizing firm with a monopoly in the production of school team pennants. The firm sells its pennants for $10 each. We can conclude that Go Sport is producing a level of output at which:_______a.) average total cost is greater than $10.b.) average total cost equals $10.c.) marginal revenue equals $10.d.) marginal cost equals marginal revenue.

Answer 1

The answer is letter D

Step-by-step explanation:

The marginal cost equals marginal revenue.