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प्रश्न
______ is the effect on price when a monopoly firm tries to sell more.
विकल्प
Increase Prices
Reduce Prices
Do not change Price
Introduce new product.
MCQ
रिक्त स्थान भरें
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उत्तर
Reduce Prices
Explanation:
The firm in the monopoly market will be able to sell more if the prices are reduced since the demand curve is elastic.
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