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Question 1 ( Mandatory ) ( 5 . 9 0 0 0 0 0 0 9 5 points ) A government - owned monopoly is
Question Mandatory points
A governmentowned monopoly is more likely to:
provide a greater quantity of output than a private one.
provide output at a lower price than a private one.
serve public interest than maximize profit.
All of these statements are true.
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