Which of the following statements is true about a monopoly? O.A.  there are no barriers to entry O.B. they earn positive economic profits in the short run only O.C. they produce a good that has close substitutes O.D. none of the above

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter16: The Markets For Labor, Capital, And Land
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Plz do the both questions.

Which of the following statements is true about a monopoly?
O.A.  there are no barriers to entry
O.B. they earn positive economic profits in the short run only
O.C. they produce a good that has close substitutes
O.D. none of the above

Bread
eter he fpre above an economy s at full empioyment and then workers in the restaurane Houstry arld uff due to aandemic This change is portryed the iovement om
0Pned the ab
Transcribed Image Text:Bread eter he fpre above an economy s at full empioyment and then workers in the restaurane Houstry arld uff due to aandemic This change is portryed the iovement om 0Pned the ab
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