A monopoly can be losing money in the ___________,but not in the ___________.
A)short run;short run
B)long run;long run
C)long run;short run
D)short run;long run

Question

Quizplus · Accepted Answer

A monopoly can incur losses in the short run due to high fixed costs or low demand. However, in the long run, a monopoly can adjust its operations (e.g., scale, scope, prices) to avoid losses, as it has market power to influence prices and control costs.

A Monopoly Can Be Losing Money in the ___________,But Not