Question
How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competitive market?
A. The price is higher.
B. The price is lower.
C. The prices cannot be compared.
D. The prices are the same.
A. The price is higher.
B. The price is lower.
C. The prices cannot be compared.
D. The prices are the same.
Answers
Anonymous
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