Which of the following is correct when a monopoly has an economic loss? The average total cost curve is entirely above t

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answerhappygod
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Which of the following is correct when a monopoly has an economic loss? The average total cost curve is entirely above t

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Which of the following is correct when a monopoly has aneconomic loss?
The average total cost curve is entirely above the demandcurve.
The average total cost curve dips below the demand curve.
The average total cost curve is tangent to the demand curve.
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