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-Refer to Figure 9-9

Question 4

Multiple Choice

-Refer to Figure 9-9. What is the difference between the monopoly's price and perfectly competitive industry's price? A) The monopoly's price is higher by $9.50. B) The monopoly's price is higher by $13. C) The monopoly's price is higher by $3.50. D) The monopoly's price is higher by $21.
-Refer to Figure 9-9. What is the difference between the monopoly's price and perfectly competitive industry's price?


A) The monopoly's price is higher by $9.50.
B) The monopoly's price is higher by $13.
C) The monopoly's price is higher by $3.50.
D) The monopoly's price is higher by $21.

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