The economist's objections to monopoly rest on which of the following

1.	The economist's objections to monopoly rest on which of the following grounds?
Answer» Both A and B are correct The economist's objections to monopoly REST on the FOLLOWING grounds that there is a transfer of income from CONSUMERS to the MONOPOLIST and there is WELFARE loss as resources tend to be misallocated under monopoly.

The economist's objections to monopoly rest on which of the following grounds?

Answer»

Both A and B are correct

The economist's objections to monopoly REST on the FOLLOWING grounds that there is a transfer of income from CONSUMERS to the MONOPOLIST and there is WELFARE loss as resources tend to be misallocated under monopoly.

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The economist's objections to monopoly rest on which of the following grounds?

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