The first-order condition for a monopoly maximizing its profit is:
A. (d2R(Q)/dQ2) ? (d2C(Q)/dQ2) < 0.
B. (dR(Q)/dQ) ? (dC(Q)/dQ) < 0.
C. P ? (dC(Q)/dQ) = 0.
D. (dR(Q)/dQ) ? (dC(Q)/dQ) = 0.
Answer: D
Economics
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