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Compared to the social optimum, a monopoly firm chooses Question 20 options: a quantity that is too high and a price that is too low.
Compared to the social optimum, a monopoly firm chooses Question 20 options: a quantity that is too high and a price that is too low. a quantity that is too low and a price that is too high. a quantity and a price that are both too high. a quantity and a price that are both too low
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