Compared to a perfectly competitive industry, a single-price monopoly with the same costs will
A) create less consumer surplus.
B) create less economic profit.
C) create a deadweight loss.
D) Both answers A and C are correct.
D
Economics
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An export subsidy is a payment by the government to exporters to permit them to charge lower prices
a. True b. False Indicate whether the statement is true or false
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