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4 votes
A monopolist's goal is to maximize _____.
output
costs
profits

asked
User FunkyKat
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2 Answers

5 votes

Answer:

profits..........

answered
User Dejazmach
by
8.2k points
3 votes
PROFITS.

A monopolist's goal is to maximize profits.

A monopolist is a firm or business that offers the only product in the market. Its goal is to generate the highest profit attainable.

If you are a monopolist and your product is in demand, you have control of the product output as well as its corresponding price. This is because no other business is in the same line as yours and no product can substitute yours.
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User Welgriv
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8.3k points
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