The Major Problem with an Unregulated Monopoly Is That the Monopolist

question 76

Multiple Choice

The major problem with an unregulated monopoly is that the monopolist will produce

• A) less output and sell at a higher price than would be the case in perfect competition.
• B) more output and sell at a higher price than would be the case in perfect competition.
• C) more output and sell at a lower price than would be the case in perfect competition.
• D) less output and sell at a lower price than would be the case in perfect competition.
• E) the same output and sell at the same price as in perfect competition.

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