Business Economics

1: In a monopoly market, an upward shift in the market demand results in a new equilibrium with
A.

A higher quantity and a lower price

B.

A higher quantity and the same price

C.

A higher quantity and higher price

D.

All of the above

 

Answer : C

Explanation :

Write your comments here:


Report Error
 

Option: A

Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.