5.To compute the optimal monopoly price with a linear demand curve, the monopolist:

a.Should set MC = MR, which would determine the optimal quantity and price would equal MC and MR as well.

b.Should set MC = MR, which would determine the optimal quantity and price would be found by inserting the optimal quantity into the monopolist's demand curve.

c.Should set MC = MR, which would determine the optimal quantity and price would be found by doubling the marginal cost.

d.Should set output where total revenue would be maximized.

e.None of the above answers are correct.