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stars_and_moon stars_and_moon
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Posts: 3218
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7 years ago
If there is deadweight loss in a market that has a monopoly then the monopoly
A) should lower the quantity it is selling in order to maximize profit.
B) should lower its price in order to maximize profit.
C) should increase the quantity it is selling in order to maximize profit.
D) may still be maximizing profits and should not change anything.
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kingbykingby
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#1
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Posts: 3218
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7 years ago
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#2
7 years ago
I compared your answer with a buddy, and it matches

Thanks
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#3
7 years ago
Yup, vote with confidence!
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