A monopolist charging high price operates on
A. | The constant elastic part of a demand curve |
B. | The inelastic part of a demand curve |
C. | The elastic part of a demand curve |
D. | Ignores elasticity of demand altogether |
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. |