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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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