Why, unlike perfectly competitive firms, can a monopolist continue to earn positive economic profits in the long

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Why, unlike perfectly competitive firms, can a monopolist continue to earn positive economic profits in the long run?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 17, 2023 04:58 AM

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Why, unlike perfectly competitive firms, can a monopolist continue to earn positive economic profits in the long

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