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A firm whose average total cost continually declines at least to the quantity that could supply the entire market is known as a ?

A. natural monopoly

B. perfect competitor

C. government monopoly

D. regulated monopoly

Related Questions on Monopoly Mcqs for Economics

Which of the following best defines price discrimination ?

A. charging different prices on the basis of race

B. charging different prices for goods with different costs of production

C. charging different prices based on cost-of-service differences

D. selling a certain product of given quality and cost per unit at different prices to different buyers