Why will a monopolists output increase if the government forces it to lower its price? If the

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Why will a monopolist’s output increase if the government forces it to lower its price? If the government wants to set a price ceiling that maximizes the monopolist’s output, what price should it set?

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Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

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Question Posted: Sep 19, 2013 05:15 AM

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Why will a monopolists output increase if the government forces it to lower its price? If the

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Microeconomics

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