Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Monopolist will not produce that portion of demand curve where theelasticity of demand

/ » Micro economics 2 solved MCQs / By
Question:

Monopolist will not produce that portion of demand curve where theelasticity of demand

A.

Equal to unity

B.

Less than unity

C.

Greater than zero

D.

None of the above

Answer» b. Less than unity

Note: The above multiple-choice question is for all general and Competitive Exams in India.