When a monopolist increases the number of units it sell, thereare two effects on

Question

When a monopolist increases the number of units it sell, thereare two effects on revenue. a. demand effect and the supply effect. b.competition effect and the cost effect. c.competitive effect and the monopoly effect. d.output effect and the price effect. When a monopolist increases the number of units it sell, thereare two effects on revenue. a. demand effect and the supply effect. b.competition effect and the cost effect. c.competitive effect and the monopoly effect. d.output effect and the price effect.

Explanation / Answer

D.Output effect and the price effect.

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