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hich of the following is NOT an outcome in the long run for a monopolist? (3 marks) The firm will produce at both an all
Posted: Thu May 19, 2022 7:36 am
by answerhappygod
- Hich Of The Following Is Not An Outcome In The Long Run For A Monopolist 3 Marks The Firm Will Produce At Both An All 1 (28.41 KiB) Viewed 40 times
hich of the following is NOT an outcome in the long run for a monopolist? (3 marks) The firm will produce at both an allocatively and a productively efficient point. ) The firm will produce on the elastic portion of its demand curve. The firm can make supernormal profits in the long run. The firm will be unable to invest in research and development and product innovation due to its lack of profits.