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A. more than the price charged by either monopoly or a competitive market
B. less than the price charged by either monopoly or a competitive market
C. more than the price charged by a monopoly and less then the price charged by a competitive market
D. less than the price charged by a monopoly and more than the price charged by a competitive market

Correct Answer: less than the price charged by a monopoly and more than the price charged by a competitive market

Last Updated: June 18, 2019