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stars_and_moon stars_and_moon
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Posts: 3218
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8 years ago
Why might a monopoly choose to engage in price limiting?
A) to limit average costs of production
B) to keep potential competitors from entering the market
C) to maximize short-run profits
D) to be allocatively efficient
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kingbykingby
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#1
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8 years ago
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#2
8 years ago
I compared your answer with a buddy, and it matches

Thanks
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#3
8 years ago
I instantly knew the answer when I read the question, happy to help
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