question archive Which of the following are possible outcomes of a monopoly: 1

Which of the following are possible outcomes of a monopoly: 1

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Which of the following are possible outcomes of a monopoly:

1. Higher prices than in competition,

2. Many options for consumers,

3. Efficient production,

4. More output than in competition,

5. Profit maximization for the firm,

6. Deadweight loss,

7. Rent-seeking.

Option 1

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