The maximum price is
...
The maximum price is
P1
P2
P3
P4
Correct answer is D
The highest price is P4 the monopoly can charge.
Similar Questions
Which of the following is not an indirect tax? ...
A major disadvantage of the arithmetic means is that it is ...
A tax on a commodity whose demand is perfectly inelastic will fall heavily on the ...
The Nigerian bank for commerce and industry is ...
No of Men 1 2 3 4 5 6 7 8 Total P...
Resources are pooled for the mutual benefit of its members mainly in a ...
The productivity of labour does not depend only on its own effort and efficiency, but also on I. ...
When a country's net income from abroad is added to its total output, the result is ...
Which of the following will have a more destabilizing effect on the economy? ...
The family Support Programme in Nigeria essentially focuses on ...