Refer to the data for a nondiscriminating monopolist. This firm will maximize its profit by producing:

A firm's short-run supply curve is the same as _____ if it produces the good

A. its marginal revenue curve B. the upward-sloping part of its marginal cost curve C. its marginal cost curve above minimum average variable cost D. its marginal cost curve above minimum average total cost

The equilibrium level of regulation is where the marginal political benefits to the special interests are equal to the marginal political costs of the foregone regulation

a. True b. False