Which statement is true about economic profit in the long run? a) Both the monopolist and the
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Which statement is true about economic profit in the long run?
a) Both the monopolist and the perfect competitor make one.
b) Neither the monopolist nor the perfect competitor makes one.
c) Only the perfect competitor makes one.
d) Only the monopolist makes one.
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The correct statement about economic profit in the long run is b Neither the monopolist nor the perf...View the full answer
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