According to M. Kalecki, the true measure of the degree of monopoly power is the

Question Bank Commerce 1 year ago

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Option 1 : Ratio between price and marginal cost

Option 2 : Extent of monopolistic profit enjoyed by the monopolist

Option 3 : Cross-elasticity of demand for the product of the monopolist

Option 4 : Price charged by the monopolist minus marginal cost of production


 

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AshjexBG AshjexBG Tuteehub forum best answer Best Answer 1 year ago
Extent of monopolistic profit enjoyed by the monopolist


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