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Monitoring a Monopoly to Keep It Efficient Would Itself Be

Question 72

Multiple Choice

Monitoring a monopoly to keep it efficient would itself be efficient if the extra profit achieved by:


A) raising production costs is less than the costs of monitoring.
B) raising production costs exceeds the costs of monitoring.
C) reducing production costs is less than the costs of monitoring.
D) reducing production costs exceeds the costs of monitoring.

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