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The monopolist who is in

Question:

The monopolist who is in

A.

Short run equilibrium will also be in long run equilibrium

B.

Long run equilibrium will also be in short run equilibrium

C.

Long run equilibrium may or may not be in short run equilibrium

D.

None of the above

Answer» b. Long run equilibrium will also be in short run equilibrium

Note: The above multiple-choice question is for all general and Competitive Exams in India