A perfectly competitive industry becomes a monopoly with the same cost conditions, it will now sell
A. | A larger output at a higher price |
B. | A larger output at the old price |
C. | An unchanged output at a higher price |
D. | A reduced output at a higher price |
Answer : D Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |