The economic problem with monopolistic industries is that:
A) they charge too high of prices.
B) not enough resources move into the industry, leaving output too low.
C) profits are too low.
D) profits are too high.

Question

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The Answer of The economic problem with monopolistic industries is that:
A) they charge too high of prices.
B) not enough resources move into the industry, leaving output too low.
C) profits are too low.
D) profits are too high.

The Economic Problem with Monopolistic Industries Is That