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Which of the following best describes an open monopoly? When one firm temporarily becomes the sole supplier of a good or service but has no

Which of the following best describes an open monopoly? When one firm temporarily becomes the sole supplier of a good or service but has no legal protections A monopoly whose LRATC is at its minimum when one firm serves the market A monopoly which is protected by legal restrictions A monopoly who can only charge one price for every unit they sell

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