A) hire more workers than if the industry were perfectly competitive.
B) hire the same number of workers as a perfectly competitive industry would.
C) hire fewer workers than if the industry were perfectly competitive.
D) have lower profits than if the industry were perfectly competitive.
B) hire the same number of workers as a perfectly competitive industry would.
C) hire fewer workers than if the industry were perfectly competitive.
D) have lower profits than if the industry were perfectly competitive.
ANSWER:
C