If a monopoly market structure was transformed into a perfectly competitive one, one would find that price would ________ and output would _.
A.fall; fall
B.fall; increase
C.increase; increase
D.increase; fall

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The Answer of If a monopoly market structure was transformed into a perfectly competitive one, one would find that price would ________ and output would _.
A.fall; fall
B.fall; increase
C.increase; increase
D.increase; fall

If a Monopoly Market Structure Was Transformed into a Perfectly