A profit-maximising monopolist faces a demand function where total revenue at 10 units of output is ₦800 and at 11 units is ₦847. If the marginal cost of the 11th unit is ₦50, the monopolist should
Areduce output because marginal revenue exceeds marginal cost
Bincrease output because marginal cost exceeds marginal revenue
Cmaintain output at 10 units because marginal revenue equals marginal cost
Dincrease output because marginal revenue exceeds marginal costCORRECT