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Economics

If the government regulates a monopoly's price below the socially efficient level, then:

A. deadweight loss increases and there is a surplus output.

B. deadweight loss decreases and there is a shortage of output.

C. deadweight loss increases and there is a shortage of output.

D. deadweight loss decreases and there is a surplus of output.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91236229

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