Managerial Economics

1:

Under monopoly the supply curve is absent because

A.

There is no entry for others

B.

The monopolist always makes profit

C.

Equilibrium involves MC = MR and MC < P

D.

The monopolist controls the supply

 

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.