A monopoly firm makes more profit because

Question:

A monopoly firm makes more profit because

A.

It has ability to choose among price and output combination

B.

It can discriminate price

C.

It leave the consumer with no consumer surplus

D.

it acts as a market leader

Answer» a. It has ability to choose among price and output combination

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