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A(n) ______ is able to maintain an economic profit in the long run because there are no new entrants to increase supply, drive down price,
A(n) ______ is able to maintain an economic profit in the long run because there are no new entrants to increase supply, drive down price, and eliminate economic profit. Multiple choice question. oligopolistic firm monopoly monopolistically competitive firm perfectly competitive firm
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Managerial Economics and Strategy
Authors: Jeffrey M. Perloff, James A. Brander
1st edition
978-0137036059, 133379094, 321566440, 137036051, 9780133379099, 978-0321566447
