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The feasible part of the demand curve for the monopolist who is charging high price will be:

A. The elastic part of a demand curve

B. The inelastic part of a demand curve

C. The constant elastic part of the demand curve

D. None of the above

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

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  1. In the modern theory of costs, the level of production which the firm considers feasible is known as:
  2. Monopoly means:
  3. In case of short-run, the supply curve of an industry is the horizontal summation of:
  4. The cost of firms in cournot model are:
  5. In sweezy model (kinked demand curve model), the role of MC curve:
  6. Implicit costs are the costs:
  7. Under perfect competition, a firm will be in equilibrium if:
  8. Total variable cost curve:
  9. Production function shows:
  10. The giffen paradox is an exception to law of:
  11. Perfect competition implies:
  12. Chamberline introduces the concept of:
  13. The cost of production is faced by a:
  14. The proportional demand curve in monopolistic competition (also in kinked demand curve model), is like…
  15. The least cost combination of factors x , y and z will generally be the point at which:
  16. Whish of the following represents the average revenue curve of a firm?
  17. Production function relates:
  18. In real life, brand loyalty is a barrier to:
  19. Economics is a:
  20. Who wrote Mathematical Analysis for Economists?
  21. From the resource allocation view point, perfect competition is preferable because:
  22. Price discrimination is undertaken with the aim of:
  23. Normal profits are considered as:
  24. In Prisoner Dilemma, the best choice of strategy is:
  25. The central problem of economics is:
  26. According to Chamberlin, the activity of a monopolistic competitive firm:
  27. By saying that monopolist create a contrived scarcity, economist mean that monopolist:
  28. In microeconomics, we study:
  29. Normally when price per unit of time falls:
  30. Using total revenue and total cost, a profit maximizing firm will be equilibrium at a point: