In order to increase its profit margin, the monopolist can manipulate

Economics JAMB 1989

In order to increase its profit margin, the monopolist can manipulate

  • both price and output
  • either price or output checkmark
  • only its price
  • only its output

The correct answer is: B

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment