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If We Compare a Perfectly Competitive Market to a Single-Price

Question 175

Multiple Choice

If we compare a perfectly competitive market to a single-price monopoly with the same costs,the monopoly sells


A) the same quantity at a higher price.
B) a smaller quantity at a higher price.
C) a larger quantity at a lower price.
D) a larger quantity at a higher price.
E) a smaller quantity at the same price.

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