Which of the Following Is True Under Unregulated Monopoly

question 88

Multiple Choice

Which of the following is true under unregulated monopoly?

• A) Monopoly results in more output than under pure competition.
• B) Monopoly results in a more efficient allocation of resources than competition.
• C) Monopoly expands the choices available to consumers.
• D) Monopoly results in lower output and higher prices than competition.

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