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Which of the Following Statements Is True Regarding Unregulated Monopolies

Question 52

Multiple Choice

Which of the following statements is true regarding unregulated monopolies?


A) They are productively,but not allocatively,inefficient.
B) They are allocatively,but not productively,inefficient.
C) They are both productively and allocatively inefficient.
D) They are neither productively and allocatively inefficient.

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