st 3 ning: 1:44:09 Save balmi13r.11.152 It is not true in the long run of monopolies that O a. other firms seeking positive economic profit enter the market. b.they earn positive economic profit. c....

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st 3 ning: 1:44:09 Save balmi13r.11.152 It is not true in the long run of monopolies that O a. other firms seeking positive e

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Answer #1

Ans) the correct option is a) other firms seeking positive economic profit enter the market.

In monopoly there is only one sellers with barriers to entry

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st 3 ning: 1:44:09 Save balmi13r.11.152 It is not true in the long run of monopolies that O a. other firms seeking positive economic profit enter the market. b.they earn positive economic profit. c....

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