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Business, 05.05.2020 16:13 bryaniscool619ovksqy

A monopolist? Produces a quantity less than its production at the Bertrand competition outcome when there is another competitor with lower costs (when both have constant MC). Produces a quantity greater than its production at the Bertrand competition outcome when there is anothercompetitor with equal marginal costs (when both have constant MC). Produces a quantity that is greater than the competitive outcome. Never makes a positive profit. Produces a quantity that is generally less than the competitive outcome.

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