Given the cost conditions
A. | Monopoly output will be higher and prices lower than under pure competition |
B. | Monopoly output will be lower and price higher than under pure competition |
C. | Monopoly output and price will be higher than under pure competition |
D. | Monopoly output and price will be lower than under pure competition |
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. |