![Mcqmate logo](https://mcqmate.com/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/images/logos/logo-white.png)
McqMate
Q. |
Which of the following statements is true regarding a profit maximizing monopoly |
A. | it will cause a deadweight loss |
B. | it will produce less than perfect competition |
C. | it will sell at a higher price than perfect competition |
D. | all of the above |
Answer» D. all of the above |
View all MCQs in
Micro economics 2No comments yet