Which of the following statements correctly compare monopoly and monopolistic competition market structures?
o both have more than one firm in the industry.
o both have the marginal revenue curve below the demand curve.
o both sell a product that is differentiated.
o both earn long-run economic profits.
o both operate in the long run at their minimum points of their atc curves.
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Which of the following statements correctly compare monopoly and monopolistic competition market str...
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