-In the figure above, compared to a perfectly competitive industry with the same costs, a single-price, unregulated monopoly will decrease production by
A) zero.
B) 2 units per day.
C) 4 units per day.
D) 6 units per day.

Question

-In the figure above, compared to a perfectly competitive industry with the same costs, a single-price, unregulated monopoly will decrease production by
A) zero. 
B) 2 units per day. 
C) 4 units per day. 
D) 6 units per day.

Quizplus · Accepted Answer

The Answer of 
-In the figure above, compared to a perfectly competitive industry with the same costs, a single-price, unregulated monopoly will decrease production by
A) zero. 
B) 2 units per day. 
C) 4 units per day. 
D) 6 units per day.

-In the Figure Above, Compared to a Perfectly Competitive Industry