The profit of a monopolist can be eliminated where price equals
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Correct Answer: Option B
Explanation:
 In a monopoly, the price is set above marginal cost and the firm earns a positive economic profit. When the price is equal to marginal cost, the monopoly profit is eliminated.
 In a monopoly, the price is set above marginal cost and the firm earns a positive economic profit. When the price is equal to marginal cost, the monopoly profit is eliminated.