Business Economics

1: Given that cost conditions are same, in monopolistic competition price is ...... and output is ........ as compared to perfect competition.
A.

Higher, same

B.

Same, lower

C.

Higher, lower

D.

Lower, higher

 

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.