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Author Question: In the long run, the main reason that a monopolist can earn positive economic profits while a ... (Read 67 times)

Deast7027

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on: Jul 20, 2019
In the long run, the main reason that a monopolist can earn positive economic profits while a perfectly competitive firm cannot is:
◦ monopolists enjoy greater economies of scale.
◦ there are no barriers to entry in a perfectly competitive market.
◦ perfectly competitive firms face greater opportunity costs.
◦ the monopolist faces an inelastic demand for its product.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by Deast7027 on Jul 20, 2019

Hikerman221

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Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Deast7027

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Reply #2 on: Jul 20, 2019
Excellent


Hikerman221

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Reply #3 on: Jul 20, 2019
Great! Please up vote :D


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