Business Studies, asked by kulnazkaurrakhra, 16 days ago

monopolies are free to price at what the market will
bear.
a. Pure
b. Non regulated
C. regulated
d. oligopolistic​

Answers

Answered by laxmiharini
0

Answer:

a)pure

Explanation:

a monopoly, the price is set above marginal cost and the firm earns a positive economic profit. Perfect competition produces an equilibrium in which the price and quantity of a good is economically efficient.

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