When comparing perfect competition and monopoly a major, Ask an Expert

Economics

When comparing perfect competition and monopoly, a major assumption made is that

A) the monopolist has the same supply curve as the competitive industry

B) consumers don’t know whether the industry is competitive or monopolized

C) the marginal costs of production are the same under monopoly as under perfect competition.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91867172

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