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Which of the following is NOT true for monopoly? A There is only one rm in the market. A The prot maximizing output is the

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Which of the following is NOT true for monopoly? A There is only one rm in the market. A The prot maximizing output is the one at which marginal revenue and marginal cost are equal. O The prot maximizing output is the one at which the difference between total revenue and total cost is largest. 0 There are certain cost or barriers for other rms to enter the market. A The monopoly always makes zero prot in the long run

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