For a monopolist that does not price discriminate, economic profit is maximized in the short run at a price of $140. Marginal revenue at that output level is

A) equal to $140.
B) greater than $140.
C) less than $140.
D) less than marginal cost.
E) greater than average revenue.

Price Discriminate

A pricing strategy where a seller charges different prices for the same product or service to different customers, based not on costs, but on willingness to pay.

Economic Profit

The separation between overall turnover and cumulative costs, incorporating both direct and indirect expenditures.