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Bamazon enjoys being a monopolist in the online retailing business in a country of North Alania. Expected economic profits for Bamazon: Group of answer choices
Bamazon enjoys being a monopolist in the online retailing business in a country of North Alania. Expected economic profits for Bamazon:
Group of answer choices
are always positive because the monopolist is a price-maker.
may be positive or negative depending on market demand and cost conditions.
are always zero because consumers prefer to buy from competitive sellers.
are usually negative because of government price regulation.
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