Which of the following is NOT a reason governments seek to limit monopoly power of companies? A Output is produced at a higher price than necessary B Reduced incentive to innovate C Reduced price discrimination D High prices to limit new market entrants
The correct answer is C which i understood why Sir, can u please tell why D “is a reason” governments seek to limit monopoly power They have given “Monopolies may charge higher prices to deter market entrants” Dont monopolies charge lower prices to deter entrants? Is there an error? Thanks