MCQOPTIONS
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| 1. |
The monopoly involves as social cost mainly due to its emphasis on which one of the folowing? |
| A. | Earning net profit in all possible situations. |
| B. | Lower output at a higher cost in a normal profit situation |
| C. | Charging different prices from different categories of buyers of the same product |
| D. | Attempting to stall entry of other firms in the market. |
| Answer» C. Charging different prices from different categories of buyers of the same product | |