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Competitive firms and monopolists differ in which of the following ways? a

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Competitive firms and monopolists differ in which of the following ways?

a. A competitive firm cannot choose i level of output, a monopolist chooses its level of output.

b. A competitive firm's short-run profit is always zero; a monopolist can have a positive short-run profit.

c. A competitive firm's marginal revenue curve is horizontal; a monopolist?s marginal revenue curve is downward sloping.

d. All of the above are correct.