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Loraine Loraine
wrote...
Posts: 4563
9 years ago
A monopoly creates a deadweight loss because the monopoly
A) sets a price that is too low.
B) makes a normal profit.
C) does not maximize profit.
D) produces less than the efficient quantity.
E) produces more than the efficient quantity.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 194 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
VincenzoDVincenzoD
wrote...
Top Poster
Posts: 1913
9 years ago
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Loraine Author
wrote...

9 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

Yesterday
Smart ... Thanks!
wrote...

2 hours ago
Just got PERFECT on my quiz
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