sleepybelle8363 sleepybelle8363

29-05-2024
Business

Answered

When comparing the total outcome in a monopoly versus the total outcome under perfect competition:

a. output will be greater and price will be lower in a monopoly
b. output will be greater and price will be higher in a monopoly
c. output will be lower and price will be lower in a monopoly
d. output will be lower and price will be higher in a monopoly

Answer :

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