After a corporate merger, Rebecca Jalamid became the CEO of a monopolyfirm.She was surprised to learn that one benefit of being a monopoly was thather company
A) could charge as high a price as desired
B) was in a good position to capture the fruits of any innovation
C) received increased scrutiny from government regulators
D) started to attract potential competitors motivated to get a share of the economic profits of Rebecca's company
E) contributed to the deadweight loss in the economy
Correct Answer:
Verified
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