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In a pure monopoly, the firm is willing to sell to anyone willing and able to pay at least the marginal cost of production. The

In a pure monopoly, the firm is willing to sell to anyone willing and able to pay at least the marginal cost of production. The result is that output is produced where D = MC Multiple choice question. which is allocatively inefficient. which lowers prices for all consumers. which minimizes costs. which is allocatively efficient

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