Multiple Choice
An important difference between competitive and monopoly markets is that in a competitive market:
A) no gains from trade are realized while all are in a monopoly.
B) all gains from trade are realized while they are not in a monopoly.
C) some gains from trade are realized while all are in a monopoly.
D) some gains from trade are realized while they are not in a monopoly.
Correct Answer:
Verified
Correct Answer:
Verified
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