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Because a monopoly has zero competition, its economic profit will always be positive O True • False
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Because a monopoly has zero competition, its economic profit will always be positive O True • False
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Oct 24, 2024
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Because a monopoly has zero competition, its economic profit will always be positive
O True
• False
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it would be false because even if they don’t have competition when it comes to the production of their products they can make it expensive to there liking knowing that customers won’t have an alternative
Phil Booth
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Oct 30, 2024
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