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Subject - Economics:

Microeconomics

MCQ - 147-4157

Question:

A monopolist may be able to maintain long-run positive profit due to

  1. deadweight loss.
  2. economies of scale in production.
  3. a price that is set equal to average total cost.
  4. economies of scale in production.
  5. entry of new firms that keep the price high.

Correct Answer: B

Explanation:

Economies of scale are a common barrier to entry; a key to maintaining long-run positive profits.

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269 MCQ for effective preparation of the test of Microeconomics of Economics section.

Read the MCQ statement: A monopolist may be able to maintain long-run positive profit due to , keenly and apply the method you have learn through the video lessons for Microeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 147-4157.

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