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Assuming simple monopoly profit maximizing behavior, the long run profit maximizing quantity and price Group of answer choices A. are never allocatively efficient and never

Assuming simple monopoly profit maximizing behavior, the long run profit maximizing quantity and price

Group of answer choices

A. are never allocatively efficient and never productively efficient.

B.must both be allocatively and productively efficient.

C.are not in the inelastic portion of the monopolist's demand curve.

D.must be allocatively efficient but must not be productively efficient.

E.must be productively efficient but cannot be allocatively efficient.

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