The difference between monopoly equilibrium and competitive equilibrium is
| A. | The MC should rise at the point of equilibrium under perfect competition whereas under monopoly it can rise, fall or remain constant |
| B. | Under perfect competition, the MC = MR whereas under monopolistic conditions this need not be the case |
| C. | There is no difference at all |
| D. | None of the above |
Answer : A Explanation : |
|
|
Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
