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A monopolist that chooses price Question 13 options: A) can set price higher than the demand curve and earn additional profits, whereas a firm that
A monopolist that chooses price Question 13 options: A) can set price higher than the demand curve and earn additional profits, whereas a firm that chooses quantity cannot. B) necessarily produces less than a monopolist that chooses quantity, hence the laws against price fixing. C) produces more than a monopolist that chooses quantity, thus the irony of laws against price fixing. D) produces the same amount as a monopolist that chooses quantity
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