Long-run economic profits would most likely exist in which market structure?

A) monopoly, monopolistic competition, and oligopoly
B) monopoly and monopolistic competition
C) monopoly only
D) monopoly and oligopoly

D

Economics

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Government spending plays no role in meeting our social and public needs.

Answer the following statement true (T) or false (F)

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Because monetarists believe that output is sensitive to changes in the money supply, they recommend that the money supply be allowed to grow at a steady and predictable rate.

Answer the following statement true (T) or false (F)

Economics