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If a firm has a monopoly in the supply of an item, it A

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If a firm has a monopoly in the supply of an item, it

A. will make economic profit no matter what the demand for the item.

B. can earn an economic profit in the short run, but will earn zero economic profit in the long run.

C. will maximize profit by adjusting output until marginal revenue equals marginal cost.

D. will maximize profit by adjusting output until price equals marginal cost.

E. Both C and D