Business Economics

1: Two conditions are required to be there for the equilibrium under monopoly. These are
A.
MR = MC and MC cuts the MR from above
B.
MC = MR and MR cuts the MC from below
C.
MC = AR and MC cuts the MR from below
D.
MR = MC and MC cuts the MR from below
 

Answer : D

Explanation :

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Option: A

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