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Q: How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competitive market? A. The price is higher. B. The price is lower. C. The
prices cannot be compared. D. The prices are the same.
A: A. The price is higher.
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Original conversation
User: How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competitive market? A. The price is higher. B. The price is lower. C. The prices cannot be compared. D. The prices are the same.

Weegy: A. The price is higher.
akone|Points 140|

User: Which is a real-life example of a market that is close to perfect competition? A. a computer monopoly B. an oil and gas cartel C. a farmers’ market D. a public school system

Weegy: The correct answer is C. A farmers market.
Slayin|Points 743|

User: A minimum price, set by the government, that must be paid for a good or service is called a _____. A. price wall B. price floor C. price field D. price ceiling

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Asked 2/5/2013 5:06:33 PM
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