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stars_and_moon stars_and_moon
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Posts: 3218
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7 years ago
If an industry is characterized by monopoly
A) there will be deadweight loss because the firm does not use resources for production efficiently.
B) there will be deadweight loss because the firm produces too little.
C) there will be deadweight loss because the firm produces too much.
D) there will be no deadweight loss.
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kingbykingby
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#1
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7 years ago
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#2
7 years ago
Perfectly answered Smiling Face with Open Mouth

Cheers
wrote...
#3
7 years ago
I was slightly debating this one, thanks for the feedback
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