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I am posting this question second time, it was solved incorrectly. Answer A is wrong please I need the right answer B,C, D, or E
I am posting this question second time, it was solved incorrectly. Answer A is wrong please I need the right answer B,C, D, or E its my last attempt.
A form of market structure studied by economists is monopoly. When is a firm a monopoly, or are monopolies only theoretical concepts that do not exist? O A. A firm is a monopoly if it earns economic profits at least in the short run. O B. Monopolies do not exist because many markets have barriers to entry. O C. Monopolies do not exist because just about every product has substitutes. O D. A firm is a monopoly if it can ignore other firms' prices. O E. A firm is a monopoly if its economic profits are competed away in the long run.Maryar Question 4, Concept: When is a HW Score: 29. Firm a Monopoly 2 Points: 0 o A form of market structure studied by economists is monopoly. When is a firm a monopoly, or are monopolies only theoretical concepts that do not exist? O A. A firm is a monopoly if it earns economic profits at least in the short run. O B. Monopolies do not exist because many markets have barriers to entry. O C. Monopolies O D. A firm is a X That's incorrect. O E. A firm is a run. Please try again. OK ages Grapher MacBook ProStep by Step Solution
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