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Which of the following is true of a monopolist firm, but NOT of a monopolistically competitive firm? O The firm can make strictly positive profits

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Which of the following is true of a monopolist firm, but NOT of a monopolistically competitive firm? O The firm can make strictly positive profits in the long run. O A profit-maximizing firm produces a quantity such that marginal revenue equals marginal cost. O The firm has market power. O The firm's marginal revenue curve is downward sloping and below the price

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