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A) Which letter region, contain the perfectly competitive equilibrium?B) Suppose a monopolist buys all the individual firms. If the supply curve is the monopolists marginal
A) Which letter region, contain the perfectly competitive equilibrium?B) Suppose a monopolist buys all the individual firms. If the supply curve is the monopolists marginal cost curve, which letter contains the monopolist equilibrium?C) Which equilibrium has a higher price? Which equilibrium has more quantity sold?D) Based on your previous answers, how does increased competition change the market price?
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