An increase in the supply of a monopolyst1- The increase in the monopolist’s supply leads to a positive quantity effect associated with an increase in the gap between the proposed price and the marginal cost2- A positive quantity effect associated with an unchanged gap between the proposed price and the marginal cost3- A positive quantity effect associated with a decrease in the gap between the proposed price and the marginal costA monopolyst will limit the entry of potential competitor1- By setting its price close to the average cost2- By setting its price close to the total cost3- By setting its price close to the Marginal cost
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