In case of monopoly, a firm in the long run can have
| A. | Loss |
| B. | Super Normal Profit |
| C. | Break even |
| D. | All of these |
Answer : B Explanation : madhu said: (4:33pm on Thursday 8th December 2016)
it is the situation of short run because in long run monopolistic firm only erns super normal profit
Kanchan ramsinghani said: (1:59pm on Sunday 21st May 2017)
In long run a monopoly firm only earns abnormal profit. In short run it earns above three conditions.
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
