Question: a monopoly is able to continue to generate economic profits in the long run because 1. O potential competitors sometimes don't notice the profits.

a monopoly is able to continue to generate economic profits in the

a monopoly is able to continue to generate economic profits in the long run because 1. O potential competitors sometimes don't notice the profits. O there is some barrier to entry to that market. O the monopolist is financially powerful. O antitrust laws eliminate competitors for a specified number of years.

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