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The main reason(s) monopolies can earn positive profits in the short run is (are) Group of answer choices A. assets cannot quickly move in and
The main reason(s) monopolies can earn positive profits in the short run is (are)
Group of answer choices
A. assets cannot quickly move in and out of the industry when demand fluctuates
B. an increase in demand does not lead to entry of firms to absorb the extra demand
C. they have no incentive to invest in innovation
D. all of the above
E. both A & B
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