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Business, 09.04.2021 03:30 austinpace423

When compared with the purely competitive industry with identical costs of production, a monopolist will charge: higher price and produce more output. higher price and produce more output. lower price and produce more output. lower price and produce more output. lower price and produce less output. lower price and produce less output. higher price and produce less output. higher price and produce less output. the same price and produce the same output.

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