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    Principles of Microeconomics
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    Exam 15: Monopoly
  5. Question
    What Is the Main Social Problem Caused by Monopoly
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What Is the Main Social Problem Caused by Monopoly

Question 203

Question 203

Multiple Choice

What is the main social problem caused by monopoly


A) an inefficiently low quantity of output
B) an inefficiently high value of marginal cost
C) excessive monopoly profits
D) excessive producer surplus

Correct Answer:

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