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Compared to a single-price monopoly, the price charged by a competitive industry with the same costs O could be higher than, lower than or the

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Compared to a single-price monopoly, the price charged by a competitive industry with the same costs O could be higher than, lower than or the same as the monopoly's price. O is higher than the monopoly's price O is the same as the monopoly's price. is lower than the monopoly's price

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