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If all firms have the same cost structure, wIn a monopoly where the marginal cost is $40 and profit maximizing price is $48, the price

If all firms have the same cost structure, wIn a monopoly where the marginal cost is $40 and profit maximizing price is $48, the price elasticity of demand is:hat will be the long-run equilibrium price in this market? What will be the long-run equilibrium quantity produced by each individual firm? What will be the long-run equilibrium economic profits for each individual firm? 0

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