A monopolist has control over the price he charges for his product. He will be able to maximise his profit by
| A. | Lowering the price, if the demand curve is elastic |
| B. | Raising the price, if the demand curve is elastic |
| C. | Lowering the price, if the demand curve is inelastic |
| D. | None of the above is applicable |
Answer : A 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. |
