# When an oligopolist individually chooses its level of production to maximize its profits, it produces an output that is ? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: When an oligopolist individually chooses its level of production to maximize its profits, it produces an output that is ? Correct Answer: A. more than the level produced by a monopoly and less than the level produced by a competitive market. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# When an oligopolist individually chooses its level of production to maximize its profits, it produces an output that is ?

Direct Answer & Quick Reference

The correct option is **A. more than the level produced by a monopoly and less than the level produced by a competitive market**.

A. more than the level produced by a monopoly and less than the level produced by a competitive market **(Correct Answer)**

B. less than the level produced by a monopoly and more than the level produced by a competitive market

C. less than the level produce by either monopoly or a competitive market

D. more than the level produced by either monopoly or a competitive market

✨ Explain with AI

Verified Key: A. more than the level produced by a monopoly and less than the level produced by a competitive market
Solved by 3,204+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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*Source: https://test-prep.blog/mcq/when-an-oligopolist-individually-chooses-its-level-of-production-to-maximize-its-30f0eab2-01cf-4905-9f43-4c3a9ec17934*
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