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Which of the following is not true? A profit-maximizing monopolist: is the only seller of a good with no good substitutes. is a dominant firm.

Which of the following is not true? A profit-maximizing monopolist:

is the only seller of a good with no good substitutes.

is a dominant firm.

has a lot of market power.

has a supply curve.

produces where marginal revenue equals marginal cost.

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