Managerial Economics

1:

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

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