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please answer ASAP Question 8 2.5 points Save Answer If a monopolistic firm takes over a perfectly competitive market, we would expect to see the

please answer ASAP

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Question 8 2.5 points Save Answer If a monopolistic firm takes over a perfectly competitive market, we would expect to see the quantity of the good sold fall and the price to rise. O fall because demand is perfectly elastic. rise and quantity sold to rise as the monopolist tries to Increase sales. o rise and the price to fall

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