Business, 22.07.2021 17:20, luisgonz5050

A significant difference between monopolies and competitive firms is that A. a monopoly's demand curve is the industry's demand curve, while the competitive firm's demand curve is perfectly elastic. B. the competitive firm must drop its price to sell more while the monopolist can keep price constant. C. low entry barriers exist for monopolies, but not for competitive firms. D. competitive firms control market supply, but monopolies do not.

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A significant difference between monopolies and competitive firms is that A. a monopoly's demand cu...