in the long run, an oligopoly multiple choice will produce on the portion of the demand curve where demand is price-inelastic. will always produce in the range of decreasing returns to scale. will produce less than a monopoly. may be able to earn positive economic profits.

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04-11-2022
Business

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in the long run, an oligopoly multiple choice will produce on the portion of the demand curve where demand is price-inelastic. will always produce in the range of decreasing returns to scale. will produce less than a monopoly. may be able to earn positive economic profits.

Sagot :

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