x
Select Test Select Question Types

Subject - Economics:

Microeconomics

MCQ - 92-4102

Question:

One of the reasons that the government discourages and regulates monopolies is that

  1. producer surplus is lost and consumer surplus is gained.
  2. monopoly prices ensure productive efficiency but cost society allocative efficiency.
  3. monopoly firms do not engage in significant research and development.
  4. monopoly prices ensure productive efficiency but cost society allocative efficiency.
  5. lower prices and higher levels of output create deadweight loss.

Correct Answer: D

Explanation:

Lost CS is a big reason why government keeps an eye on the monopoly power of firms.

Previous Question
Next Question
Back to Section

Record Performance

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

Read the MCQ statement: One of the reasons that the government discourages and regulates monopolies is that , 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. 92-4102.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

Share This Page

Full Films
Full Films
TV Serials
TV Serials
Short Films
Short Films
Upcoming Films
Upcoming Films