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    Economics for Business
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    Exam 11: Profit Maximisation Under Perfect Competition and Monopoly
  5. Question
    Monopolies May Become Inefficient Without Competitive Pressure Resulting in Higher
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Monopolies May Become Inefficient Without Competitive Pressure Resulting in Higher

Question 40

Question 40

Multiple Choice

Monopolies may become inefficient without competitive pressure resulting in higher costs. This is sometimes called


A) X axis.
B) ex ante.
C) X inefficiency.
D) X factor.

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