What is the correct answer?


The act of producing the output from more than one plant is concerned with:

A. Monopoly

B. Multi-plant monopoly

C. Bilateral monopoly

D. Price discrimination

Correct Answer :

B. Multi-plant monopoly

Multi-plant Monopoly ?When a monopolist produces output in more than one plant then it is called multi-plant monopoly. From each plant he produces that level of output where MCs of all plants will equalize and each plant should produce the amount where MC=MR.}

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