question archive If an industry could be organized either perfectly competitively or as a monopoly, a monopoly would A
If an industry could be organized either perfectly competitively or as a monopoly, a monopoly would A
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If an industry could be organized either perfectly competitively or as a monopoly, a monopoly would
A. produce less output.
B. produce where P > MC.
C. charge higher prices.
D. all of these
Option 1
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