The Price elasticity for Monopolistic Firm is:

CA Foundation · Business Economics · MTP · January 2026
The Price elasticity for Monopolistic Firm is:
(A) A. E > 1
(B) B. E < 1
(C) C. E = 1
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. E > 1

Topics: Price Determination in Different Markets

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