In a monopoly market, an upward shift in the market demand results in a new equilibrium with
A. | A higher quantity and a lower price |
B. | A higher quantity and the same price |
C. | A higher quantity and higher price |
D. | All the above |
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. |