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17- Following are the disadvantages of monopoly EXCEPT:

A. Monopolists earn higher profits.
B. Monopolists produce high quality goods at higherprices.
C. Most of the “surplus” (producer + consumer surplus)accrues to
monopolists.

D. Monopolists do not pay sufficient attention to increasingefficiency.

Jul 26th, 2015

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D. Monopolists do not pay sufficient attention to increasingefficiency.

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Jul 26th, 2015

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