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Reason-generate economic profits in the long run

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Reference no: EM131600046

Question: A monopoly is able to continue to generate economic profits in the long run because

a. potential competitors sometimes don't notice the profits.

b. there is some barrier to entry to that market.

c. the monopolist is financially powerful.

d. antitrust laws eliminate competitors for a specified number of years.

e. of all of the above.

Reference no: EM131600046

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