Which of the Following May Eliminate Some or All of the Inefficiency

question 170

Multiple Choice

Which of the following may eliminate some or all of the inefficiency that results from monopoly pricing?

• A) The government can regulate the monopoly.
• B) The monopoly can be prohibited from price discriminating.
• C) The monopoly can be forced to operate at a point where its marginal revenue is equal to its marginal cost.
• D) None of the above would eliminate any inefficiency associated with a monopoly.

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