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Complete the sentence. A single-price monopoly_____. a-can sell a larger quantity only by setting a lower price b-is a price taker c-is a collection of

Complete the sentence.

A single-price monopoly_____.

a-can sell a larger quantity only by setting a lower price

b-is a price taker

c-is a collection of many firms that sell identical goods for the same price

d-experiences economies of scale over the relative portion of the LRAC curve

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