Some Economists Contend That a Monopolistic Competitor Tends to Produce

Multiple Choice

Some economists contend that a monopolistic competitor tends to produce too __________ output, charges a price that is too __________ and __________ its present plant size.

A) little; low; underutilizes
B) little; high; underutilizes
C) much; low; overutilizes
D) much; high; overutilizes
E) much; low; underutilizes