The diagram presents a monopolist’s cost and revenue curves. The monopolist alters its price from P1 to P2 and its output from Q1 to Q2. Which shift in objective is shown by the movement from P1 to P2?
- Aprofit maximisation to sales revenue maximisation
- Bprofit maximisation to sales maximisation subject to earning a normal profit
- Csales revenue maximisation to profit maximisation
- Dsales revenue maximisation to sales maximisation subject to earning a normal profit