In the long run equilibrium, the pure monopolist can make pure profits because of:

CA Foundation · Business Economics · MTP · September 2025
In the long run equilibrium, the pure monopolist can make pure profits because of:
(A) A. Blocked entry
(B) B. The high price he charges
(C) C. The Low LAC Costs
(D) D. Advertising

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Blocked entry

Topics: Price Determination in Different Markets

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