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    Managerial Economics Study Set 1
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    Exam 8: Market Structure and Long Run Equilibrium
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    In the Long Run,a Monopoly's
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In the Long Run,a Monopoly's

Question 69

Question 69

Multiple Choice

In the long run,a monopoly's


A) ​economic profits are zero
B) economic profits are negative
C) economic profits are positive
D) ​demand is perfectly inelastic

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