Economics · Microeconomics
A monopolist faces a linear demand curve and constant marginal cost. If demand becomes more elastic at every price, then the equilibrium output will:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Remain unchanged
- 2Increase and price will decrease✓
- 3Decrease and price will increase
- 4Increase and price will increase
Correct answer
Increase and price will decrease
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Preparing for Economics?
Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Microeconomics MCQs →Want more practice questions on Microeconomics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Microeconomics