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Which of the following is true of being a monopolist in the market? Group of answer choices a. It guarantees a positive short-run profit. b.
Which of the following is true of being a monopolist in the market?
Group of answer choices
a. It guarantees a positive short-run profit.
b. It guarantees a positive long-run profit.
c. It does not contradict the rule that profit is maximized where MR = MC.
d. All of the above are correct.
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