Manag., December-2018 – Q3
0. Monopoly situation in the market is not desirable mainly because the monopolist:
- A
seeks to earn net revenue on the sale of all goods including those involving no cost of production
- B
is able to earn net revenue in all time periods
- C
is able to charge different prices from different categories of buyers
- D
will produce below its economic capacity level when it exhibits satisfaction with the normal profit only
