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Home Q & A Board Other Fields Homework Help Business Economics
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apadong apadong
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7 years ago
Relative to a monopolized industry, a competitively organized industry is more likely to produce
A) more output, charges lower prices, and earns only a normal profit.
B) less output, charges higher prices, and earns economic profits.
C) more output, charges lower prices, and earns economic profits.
D) more output, charges higher prices, and earns economic profits.
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Akshtsaklani21Akshtsaklani21
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#1
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7 years ago
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apadong Author
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#2
7 years ago
Thx very much
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