The imposition of a ceiling on a monopolist's price will affect his
| A. | Equilibrium output only |
| B. | Average revenue in the short-run only |
| C. | Profits only |
| D. | Equilibrium output and profits |
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. |
