Mammoth Inc. sells computers in a monopoly market.
Which of the following is true about this market?
Choose 1 answer:
A The firm earns zero economic profit in the long run.
B The seller can charge any price they want.
(C) There is a single firm selling a product with no close substitutes.
(D) There are no, or low, barriers to entry in this market.
(E) Price equals marginal revenue.
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