The economist’s objections to monopoly rest on which of the following grounds?
Options:
- There is a transfer of income from consumers to the monopolist.
- There is welfare loss as resources tend to be misallocated under monopoly.
- Only A is correct.
- Both A and B are correct.
[bg_collapse_level2 view=”button-blue” color=”#4a4949″ icon=”arrow” expand_text=”View Anaswer” collapse_text=”Hide Answer” ]
Correct Answer : Option d) Both A and B are correct.
[/bg_collapse_level2]
(Founder of Management Notes)
MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
Latest posts by Smirti (see all)
- As part of the consent process, the federal regulations require researchers to: - September 8, 2024
- Concept and Nature of Intellectual Property Rights – Explained in Detail | Business Law - January 30, 2024
- Management Information Systems Online Degree – Courses, Colleges, and Careers in MIS - January 16, 2024