-Refer to the table above.Because of the monopoly structure in this market,__________ units are produced and the price is __________ when compared to perfect competition.
A) 3 fewer;$1 higher
B) 2 fewer;$2 higher
C) 3 fewer;$2 higher
D) 3 more;$2 higher
E) 3 more;$1 higher

Question

-Refer to the table above.Because of the monopoly structure in this market,__________ units are produced and the price is __________ when compared to perfect competition.
A) 3 fewer;$1 higher 
B) 2 fewer;$2 higher 
C) 3 fewer;$2 higher 
D) 3 more;$2 higher 
E) 3 more;$1 higher

Quizplus · Accepted Answer

The Answer of 
-Refer to the table above.Because of the monopoly structure in this market,__________ units are produced and the price is __________ when compared to perfect competition.
A) 3 fewer;$1 higher 
B) 2 fewer;$2 higher 
C) 3 fewer;$2 higher 
D) 3 more;$2 higher 
E) 3 more;$1 higher

-Refer to the Table Above