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The graph below represents an unregulated, profit-maximizing monopoly.
Jane Schaefer. Created for Albert.io. Copyright 2017. All rights reserved.
If the government imposes socially optimal pricing in this market, what impact would this have on the output produced?
Output would increase by $9$ units.
Output would increase by $15$ units.
Output would decrease by $3$ units.
Output would decrease by $9$ units.
Output would not change.