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uni67 uni67
wrote...
Posts: 475
5 years ago



If the above figure accurately portrays the market conditions for a given monopolist, we can be assured that the monopolist

• is producing at the level that will maximize benefit to society.

• is making excessive profits.

• will be forced to go out of business in the long run.

• is making a normal profit.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 68 times
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wrote...
5 years ago
will be forced to go out of business in the long run.
uni67 Author
wrote...
5 years ago
You make an excellent tutor!
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