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-Refer to Figure 9-9

question 4

Multiple Choice

  -Refer to Figure 9-9. What is the difference between the monopoly's price and perfectly competitive industry's price? A)  The monopoly's price is higher by $9.50. B)  The monopoly's price is higher by $13. C)  The monopoly's price is higher by $3.50. D)  The monopoly's price is higher by $21.
-Refer to Figure 9-9. What is the difference between the monopoly's price and perfectly competitive industry's price?


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