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Other Fields Homework Help Economics Topic started by: sgy_89 on May 25, 2017



Title: Consumers might benefit from monopoly if
Post by: sgy_89 on May 25, 2017
Consumers might benefit from monopoly if
A) a monopolist's greater size means lower average costs (ATC) than a competitive firm could achieve.
B) the monopolist produced at the output where MR = MC instead of where P = MC.
C) the monopolist would agree to cut back output and move closer to the point of allocative efficiency.
D) the monopolist employed price leadership.
E) the monopolist chose to compete on the basis of product differentiation instead of price.


Title: Re: Consumers might benefit from monopoly if
Post by: hecosmetic on May 25, 2017
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