If a monopolist is producing under decreasing cost conditions, increase in demand is beneficial to the society because
| A. | Goods will be sold in many markets |
| B. | Cost of production falls and hence price |
| C. | Consumers get better quality goods |
| D. | None of the above answer is correct |
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. |
