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Advanced Placement (AP), 10.03.2021 21:00 nate7742

Compared to perfect competition in the long run, a monopoly has (a) more choices of products for consumers (b) allocative efficiency (c) lower prices (d) a price less than marginal cost (e) a price greater than marginal cost

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Compared to perfect competition in the long run, a monopoly has (a) more choices of products for con...
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