Reason (R) : A monopolist is a price maker.
A. Both (A. and (R) are true, (R) is the correct explanation of (A)
B. Both (A) and (R) are false
C. (A) is true but (R) is false.
D. (A) is false but (R) is true.
Answer:A
Reason (R) : A monopolist is a price maker.
A. Both (A. and (R) are true, (R) is the correct explanation of (A) B. Both (A) and (R) are false C. (A) is true but (R) is false. D. (A) is false but (R) is true.