In the long-run, a monopolist charges the same price as a perfectly competitive firm.

Name: In the long-run, a monopolist charges the same price as a perfectly competitive firm.
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In the long-run, a monopolist charges a higher price than a perfectly competitive firm due to its ability to limit output and charge a price that exceeds marginal cost. A monopolist's price is higher than the competitive price, and the monopolist earns positive economic profits in the long-run.

In the Long-Run, a Monopolist Charges the Same Price as a Perfectly