Which of the following would be willing to operate at a loss over the long run?
A) An oligopolist.
B) A pure monopolist.
C) A monopolistic competitor.
D) None of the above.

Question

Quizplus · Accepted Answer

None of the above entities would be willing to operate at a loss over the long run. An oligopolist, pure monopolist, and monopolistic competitor aim for profits, and sustained losses would prompt strategic changes to return to profitability.

Which of the Following Would Be Willing to Operate at a Loss