If monopolists are able to produce fewer goods and sell them at a higher price than they could under perfect competition, the result will be:

A. elimination of barriers to entry.
B. irregularly high unsustainable profits.
C. government deregulation.
D. abnormally high sustained profits.

Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price. b)an upper limit on the quantity of some good that can be bought or sold. c)a legal restriction on how high or low a price in a market may go. d)control of the price of a good by the firm that produces it.