[rabiyatulkelly]

Follow this link to join my WhatsApp group: https://chat.whatsapp.com/BRM6eL7UenvD4NXsZQUPH8

[rabiyatulkelly]

Noted. Thank you, Sir.

[rabiyatulkelly]

Thank you sir. No, i have not, am about to now.

[rabiyatulkelly]

The answer says:

A is true – This is known as economic inefficiency
B is true – the lack of competition means monopolies can make excessive profits without having to spend on new products or processes
C is false – Monopolies are more likely to engage in price discrimination to boost profits
D is true – Monopolies may charge high prices to deter entrants

I am wondering am i reading the question or answer wrongly or it’s a typing error.

[Author]

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