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Select all that apply Which of the following are assumptions made in the model of monopoly? Multiple select question. The firm is a single-price monopolist;
Select all that apply Which of the following are assumptions made in the model of monopoly? Multiple select question. The firm is a single-price monopolist; it charges the same price for all units of output The government regulates the firm The government does not regulate the firm Patents, economies of scale, and resource ownership secure the firm's monopoly The firm is a multi-price monopolist; it charges different prices for all units of output
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