Multiple Choice
All of the following EXCEPT one are reasons for monopolies to be regulated. Which is the exception?
A) Monopolies are guaranteed to make economic profits in the long run.
B) Monopolies are inefficient.
C) The existence of monopolies may lead to a more unequal distribution of benefits.
D) Monopolists produce below efficient level of production.
E) Monopolies charge excessive prices.
Correct Answer:

Verified
Correct Answer:
Verified
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