Question

When cost of production is zero, monopoly equilibrium will be established at a level where elasticity of demand curve is -; 1) Greater than one; 2) Equal to one; 3) Less than one; 4) Infinity

Answer 1

HEY MATE HERE IS YOUR ANSWER

OPTION 3

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Answer 2

Heya mate
The answer of ur question is

♢ When cost of production is zero, monopoly equilibrium will be established at a level where Elasticity of the demand curve depicts the less than one .


hope it helps