Compared to the case of perfect competition, a monopolistis more likely to

The correct answer is D. All of the above.

A monopolist is the only seller of a good or service in a market. This means that they have a great deal of market power and can set prices without fear of losing customers to competitors. As a result, monopolists are more likely to charge higher prices, produce lower quantities of the product, and make greater amounts of economic profit than firms in a perfectly competitive market.

Here is a more detailed explanation of each option:

• Option A: A monopolist is more likely to charge a higher price than a firm in a perfectly competitive market. This is because a monopolist has no competition, so they can set prices without fear of losing customers to competitors. As a result, they can charge a higher price and still sell all of their output.
• Option B: A monopolist is more likely to produce a lower quantity of the product than a firm in a perfectly competitive market. This is because a monopolist faces a downward-sloping demand curve. This means that if they want to sell more, they have to lower their price. However, if they lower their price too
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