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Monopoly does not satisfy the equality of P = MC and reduces market efficiency by creating DWL, and results in a misallocation of resources because:

Monopoly does not satisfy the equality of P = MC and reduces market efficiency by creating DWL, and results in a misallocation of resources because: A) produces the output where P < MC B) produces the output where P> MC. C) produces the output where P> ATC. D) produces the output where P< ATC

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