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Compared to a monopoly, a perfectly competitive market tends to produce Select one:less output and charge the same price b.more output and charge a...
Compared to a monopoly, a perfectly competitive market tends to produce
Select one:
a. less output and charge the same price
b. more output and charge a lower price
c. the same amount of output, but charge a higher price
d. less output and charge a higher price (wrong)
e. more output and charge a higher price