Which of the Following Is a Valid Criticism of Unregulated

question 9

Multiple Choice

Which of the following is a valid criticism of unregulated monopoly?

• A) Monopoly limits the options available to consumers.
• B) Relative to a competitive market, a monopolist generally will produce too great an output.
• C) Profit-maximizing monopolists will fail to produce at the lowest possible cost.
• D) A monopoly's output will often be more than if the market were competitive.

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A general direction in which something is developing or changing over time.

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