Which of the Following Is Not a Criticism of Monopolies

question 75

Multiple Choice

Which of the following is not a criticism of monopolies?

• A)They restrict output.
• B)They set price above the perfectly competitive level.
• C)They tend to be less innovative than firms in a competitive market.
• D)They exert a disproportionate amount of political influence.
• E)They reduce allocative efficiency through perfect price discrimination.

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