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Homework answers / question archive / If a perfectly competitive firm and a single price monopolist face the same demand and cost curves then the competitive firm will produce a a
If a perfectly competitive firm and a single price monopolist face the same demand and cost curves then the competitive firm will produce a
a. greater output and charge a lower price than the monopolist.
b. greater output but charge the same price as the monopolist.
c. greater output and charge a higher price than the monopolist.
d. smaller output and charge a lower price than the monopolist.
e. smaller output and charge a higher price than the monopolist.
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