the monopolist's outcome in the long run differs from that of the perfectly competitive firm in that it: select one: a. has zero profits in the long run. b. charges a price above average total costs. c. charges a price where marginal costs equal average revenue. d. charges a price equal to mc.

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07-12-2022
Business

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the monopolist's outcome in the long run differs from that of the perfectly competitive firm in that it: select one: a. has zero profits in the long run. b. charges a price above average total costs. c. charges a price where marginal costs equal average revenue. d. charges a price equal to mc.

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