Question: C.)Incorrect. The graph shows that in a bilateral monopoly, the equilibrium quantity will be less than the equilibrium quantity in a competitive market. B.)Correct. Comparing

C.)Incorrect. The graph shows that in a bilateral monopoly, the equilibrium quantity will be less than the equilibrium quantity in a competitive market. B.)Correct. Comparing the equilibrium quantity in a competitive market (Q subscript E) to the equilibrium quantity in a bilateral monopoly (Q), the equilibrium quantity falls from Q subscript E to Q, so it decreases

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