When cost of production is zero, monopoly equilibrium will be established at a level where elasticity of demand curve is : (a) Greater than one (b) Equal to one (c) Less than one (d) Infinity

When cost of production is zero, monopoly equilibrium will be established at a level where
elasticity of demand curve is :
(a) Greater than one
(b) Equal to one
(c) Less than one
(d) Infinity
by

1 Answer

Answer :

Equal to one
by

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