A monopolist:

A. Can not influence the market

B. Can influence the market

C. Is a price taker

D. None of the above

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. The behavior of MC curve is determined by the behavior of the:
  2. Change in quantity demanded refers to:
  3. In which case the elasticity shown by the different points of a curve is the same?
  4. If Cobb-Douglas production function is homogeneous of degree greater than one (n>1), then it shows:
  5. The Modern and Neo-Keynsian Theory of Interestwas presented by:
  6. In the perfect competition, there is a process of:
  7. If by doubling all inputs in the long run output is less than double, it is a case of:
  8. Supply of a commodity refers to:
  9. In a perfectly competitive market, suppliers must know:
  10. In case of monopoly, TR curve rises at a:
  11. The equilibrium of a firm is determined by the equality of MC and MR in only:
  12. If the commodities X and Y are perfect substitutes then:
  13. The MRTS along an iso-quant goes on to:
  14. When at a given price, the quantity supplied of a commodity is more than the quantity demanded, there…
  15. The expansion point is attained by joining:
  16. General equilibrium is concerned with simultaneous equilibrium of:
  17. If the commodity is inferior then the Income Effect (I.E) and the Substitution Effect (S.E):
  18. Supply and demand changes have their most rapid impact in:
  19. The price consumption curve (PCC) for commodity X is the locus of points of consumer equilibrium resulting…
  20. According to the principle of substitution?
  21. Which one of the following is also known as Plant Curves:
  22. Who stated explicitly for the first time the Law of Camparative Costs?
  23. The slope of indifference curve shows:
  24. In income effect, we:
  25. The act of producing the output from more than one plant is concerned with:
  26. The slope of budget line shows the price ratios of:
  27. Which is the other name that is given to the average revenue curve?
  28. Which of the following conditions is met in the long-run equilibrium in monopolistic competition, where…
  29. The nominal income of a consumer is income in terms of:
  30. When was Adam Smiths major work An Enquiry into the Nature and Causes of Wealth of Nations published?