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Compared to a perfectly competitive industry, a monopolist with similar marginal cost and demand curves will charge a higher price and produce more output. a

Compared to a perfectly competitive industry, a monopolist with similar marginal cost and demand curves will charge

a higher price and produce more output.

a higher price and produce less output.

a lower price and produce more output.

a lower price and produce less output.

the same price and produce the same output.

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