A fall in demand for the product of a monopolised industry when predicted with lead to

Business Management Mcqs
BILAL KHATTAK0

A.A fall in price
B.A decrease in number of firms in the long run
C.A decrease in the output of each firms
D.All of the above
E.None of the above

Related Mcqs:

  1. People will tend to demand money if they think
  2. An increase in demand that leads to an increase in wealth
  3. The law of demand indicates the relationship between
  4. Price elasticity of demand is best defined as
  5. Law of demand correlates
  6. Market demand for any good is a function of the
  7. The elasticity of demand explains the relationship between
  8. Demand for a commodity is elastic when
  9. In the short run, in cannot produce at an economic profit
  10. For manufacturing firm

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