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    Exam 15: Monopoly
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    ​If a Monopoly Market Were to Be Transformed into a Competitive
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​If a Monopoly Market Were to Be Transformed into a Competitive

Question 420

Question 420

Multiple Choice

​If a monopoly market were to be transformed into a competitive market, the result would be that


A) ​market output would increase.
B) ​the market would be efficient, once the market reached the competitive output.
C) ​the deadweight loss from the monopoly would be eliminated.
D) ​All of the above would be true.

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