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5 January, 19:10

Jerry's Phone Service is a monopoly. Select the items that describe the price and quantity chosen by Jerry.

will result in efficient use of resources

will result in equilibrium price

will maximize profits

will cause shortage of goods

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  1. 5 January, 20:22
    0
    The right answer for the question that is being asked and shown above is that: "will result in efficient use of resources." Jerry's Phone Service is a monopoly. the price and quantity chosen by Jerry will result in efficient use of resources
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