In a monopolistic market, Other companies have no incentive to enter the market Profits will always be
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Question:
In a monopolistic market,
- Other companies have no incentive to enter the market
- Profits will always be positive because the company is the only supplier in the market
- The demand faced by the company has a downward slope because it is the market demand
- A and B
- None of the above
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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