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ecause a monopolist has no competitors due to entry barriers, it is able to: A. keep price constant in the long run B. satisfy both
ecause a monopolist has no competitors due to entry barriers, it is able to:
A.
keep price constant in the long run
B.
satisfy both minimum-cost and marginal-cost pricing conditions
C.
satisfy only the minimum-cost pricing condition
D.
satisfy only the marginal-cost pricing
E.
keep on raising price in the long run
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