A common feature between the profit maximizing level of output in monopoly and in perfect competition is that O P = minimum of ATC in both cases O Long-run economic profit is greater than zero in both cases O P = MC in both cases O MR = MC in both cases Question 8 1 pts Which of the following features is common to both perfectly competitive markets and monopolistically competitive markets? O In the long-run firms can make positive economic profit O Firms produce similar goods O In the long-run profit is zero O Prices are above marginal costs in the long-run