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monopolist will produce where demand is elastic. demand is perfectly elastic. demand is inelastic. demand is...

monopolist will produce where

demand is elastic.

demand is perfectly elastic.

demand is inelastic.

demand is perfectly inelastic.
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Answer #1

Monopoly is a market structure type in which-

There is single seller and larger number of buyers on market

Market demand curve is inverse slope in nature

It is the price maker

Demand curve is elastic of monopoly

Elastic demand is that type of demand in which even there is small change in the price can causes heavy change in the quantity demanded

Opposite to it is inelastic demand

Perfectly elastic demand means change in price is constant

In perfectlyelastic demand, the change in quantity demanded is constant

Perfectly elastic demand is found in perfect competition only

So the answer here is option A

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