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Consumers might benefit from a monopoly if: Group of answer choices a monopolist's greater size means lower average costs (ATC) than a competitive firm could
Consumers might benefit from a monopoly if:
Group of answer choices
a monopolist's greater size means lower average costs (ATC) than a competitive firm could achieve (economies of scale).
the monopolist produced at the output where MR=MC instead of where P=MC.
the monopolist would agree to cut back output and move closer to the point of lower maginal cost.
all of the above will occur.
Consumers will never benefit from a monopoly.
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