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Which one of the following about a monopoly is false? a. A monopoly could make profits in the long run. b. A monopoly status could be temporary. c. A monopoly could break even in the long run

Which one of the following about a monopoly is false?

a. A monopoly could make profits in the long run.

b. A monopoly status could be temporary.

c. A monopoly could break even in the long run

d. A monopoly must have some kind of government privilege or government-imposed barrier to maintain its monopoly.

Apr 27 2021 View more View Less

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