In monopoly which of the following is NOT true-08916
In monopoly, which of the following is NOT true?
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Final Term - Quiz No.16.
In monopoly, which of the following is NOT true?
Products are differentiated.
There is freedom of entry and exit into the industry in the long run.
The firm is a price maker
There is one main seller.