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Sagot :
Monopoly quantity produces too little output at too high a cost but efficient quantity is where the demand equals the marginal cost.
What is a monopoly?
A monopoly refers to the dominant position of an industry or a sector by one company.
The efficient quantity of output is where the demand highly equals the marginal cost whereas monopoly quantity produces too little output at too high a cost.
Learn more about Monopoly here:
https://brainly.com/question/5992626
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