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Homework answers / question archive / An important similarity between a monopolistically competitive firm and a pure monopolist is that both _____: a

An important similarity between a monopolistically competitive firm and a pure monopolist is that both _____: a

Economics

An important similarity between a monopolistically competitive firm and a pure monopolist is that both _____:

a. realize an economic profit in the long run.

b. achieve allocative efficiency.

c. face demand curves that are less than perfectly elastic.

d. achieve productive efficiency.

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