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Which of the Following Will NOT Be True If the Antitrust

Question 102

Multiple Choice

Which of the following will NOT be true if the antitrust laws are successful?


A) Producers will earn zero economic profits in the long-run.
B) Firms will not restrict output.
C) Firms will produce the competitive output.
D) Firms will produce the quantity at which marginal cost equals marginal revenue and charge a price that is greater than marginal cost.

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