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The necessity for a monopoly to lower its price in order to sell more units of its product explains why: A

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The necessity for a monopoly to lower its price in order to sell more units of its product explains why:

A. monopolies are common among public utilities.

B. the marginal revenue curve is below the demand curve for a monopoly.

C. the marginal cost curve for a monopoly slopes upward.

D. monopolies are able to maintain market power.

E. monopolies differ from monopolistically competitive firms.