If the government regulates a monopolys price

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If the government regulates a monopoly's price below the socially efficient level, then:

A. deadweight loss increases and there is a surplus output.

B. deadweight loss decreases and there is a shortage of output.

C. deadweight loss increases and there is a shortage of output.

D. deadweight loss decreases and there is a surplus of output.

Reference no: EM13696791

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