LilRed5550 LilRed5550

21-04-2020
Business

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If you were to compare and ideal market efficiency with an unregulated monopolist. Assuming that firms maximize profits, how will the price and output policy compare? a. The price will be too low and output too small. b. The price will be too low and output too large. c. The price will be too high and output too large. d. The price will be too high and output too small.

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ren9087 ren9087

21-04-2020

C the output of the monopolist will be too small and it’s price too high.

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