1.

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

A. there is some barrier to entry to that market
B. Potential competitors sometimes don’t notice the the profits
C. the monopolist is financially powerful.
D. antitrust laws eliminate competitors for a specified number of years.
E. of all of the things described in these answers
Answer» B. Potential competitors sometimes don’t notice the the profits


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