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Karo-lina-s [1.5K]
3 years ago
10

Assume all markets are in long-run equilibrium. Market price in a duopoly would be ________ the market price in a monopoly, and

________ the market price in a competitive market.
Business
1 answer:
Vladimir [108]3 years ago
4 0

Answer:

Assume all markets are in long-run equilibrium. Market price in a duopoly would be <u>greater than or equal to</u> the market price in a monopoly, and     <u>less than</u> or equal to the market price in a competitive market.

Explanation:

That is the logical answer to the question about markets that are in long-run equilibrium.

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