question archive For a monopolist, changes in demand will lead to changes in: a) both price and quantity

For a monopolist, changes in demand will lead to changes in: a) both price and quantity

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For a monopolist, changes in demand will lead to changes in:

a) both price and quantity.

b) price with no change in output.

c) output with no change in price.

d) any of the above can be true.

Option 1

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Option 2

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