If the monopolist incurs losses in the short run, then in the long run:

CA Foundation · Business Economics · MTP · September 2024
If the monopolist incurs losses in the short run, then in the long run:
(A) A. the monopolist will go out of business
(B) B. the monopolist will stay in business
(C) C. the monopolist will break even
(D) D. any of the above

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. any of the above

Topics: Price Determination in Different Markets

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