Which of the following most likely describes a loss that consumers suffer under an unregulated monopoly compared to a competitive market？
A. Monopolies produce less goods than a competitive market would
B. Costs of production are higher with monopolies
C. Monopolists charge the maximum price
A manufacturing plant exhibits diseconomies of scale if long-run average cost (LRAC) is:
A. decreasing as output increases, and the plant is at its minimum efficient scale if LRAC is at its lowest level.
B. decreasing as output increases, and the plant is at its minimum efficient scale if LRAC is decreasing over the entire range of output.
C. increasing as output increases, and the plant is at its minimum efficient scale if LRAC is at its lowest level.
微信支付 
支付宝支付