One way the government can induce a monopolist to expand his output is by imposing
A. | A price floor that makes the monopolist raise his price |
B. | A price ceiling that makes the monopolist lower his price |
C. | A specific tax on the monopolist's output |
D. | A heavy tax on the monopolist's profits |
Answer : B 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. |