The negative outcomes of market power include all of the following EXCEPT
A)smaller quantity.
B)higher costs.
C)larger profits.
D)lower prices.

Question

Quizplus · Accepted Answer

The negative outcomes of market power typically include smaller quantity, higher costs, and larger profits due to the ability to raise prices beyond competitive levels. However, lower prices cannot be considered a negative outcome of market power.

The Negative Outcomes of Market Power Include All of the Following