Which of the Following Indicates the Major Difference Between Monopolists

question 46

Multiple Choice

Which of the following indicates the major difference between monopolists and competitive price searchers?

• A) Monopolists will always be able to make economic profit; competitive price searchers will not.
• B) Barriers to entry are high under monopoly but low in competitive price-searcher markets.
• C) Monopolists will face a downward-sloping demand curve; competitive price searchers will not.
• D) Unregulated monopolists will charge prices that exceed marginal cost; competitive price searchers will not.

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