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Romashka-Z-Leto [24]
2 years ago
9

Monopoly output is _____ the corresponding output for perfectly competitive industries. Please choose the correct answer from th

e following choices, and then select the submit answer button. Answer choices lower than the same as zero compared to higher than
Business
1 answer:
photoshop1234 [79]2 years ago
4 0

Monopoly output is _the same as (B) ______ the corresponding output for perfectly competitive industries

<h3>Similarity between a monopolistic market and perfectly competitive market </h3>

A monopolistic market is similar to a perfectly competitive market because both markets determine the prices and supply of goods and services in the market. although a perfectly competitive market consists of several firms no particular firm controls the market which makes the group of firms as act as a monopoly.

Hence the output of a monopoly is similar to the output of a perfectly competitive industries.

Learn more about Monopolistic markets :  brainly.com/question/24877850

#SPJ1

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