MCQOPTIONS
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				| 1. | 
                                    According to M. Kalecki, the true measure of the degree of monopoly power is the | 
                            
| A. | Ratio between price and marginal cost | 
| B. | Extent of monopolistic profit enjoyed by the monopolist | 
| C. | Cross-elasticity of demand for the product of the monopolist | 
| D. | Price charged by the monopolist minus marginal cost of production | 
| Answer» B. Extent of monopolistic profit enjoyed by the monopolist | |