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A monopolist produces

A monopolist produces
 
A. more than the socially efficient quantity of output buy ata higher price than in a compotitive market.
B. less than the socially efficient quantity of output but ata higher price than in a compotitive market.
C. the socially efficient quantity of output but at a higher price than in a compotitive market.
D. possibly more or possibly less than the socially efficient quantity of output but definitely at a higher price than in a compotitive market.

Jun 05 2018 View more View Less

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