The monopolist price depends upon:

Elasticity of the demand.

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Behaviour of the average cost.

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Demand and supply.

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Both (A) and (B)

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Solution

The correct option is D Both (A) and (B)
Since the monopolist is the price maker in the market, the monopolist price depends of elasticity of demand and the behaviour of average cost.
Since the he is not the price taker as under perfect competition therefore price does not depend on the forces of demand and supply.

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