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AP Microeconomics
Unit 4 – Imperfect Competition
Topic 4.2
Gorilla Inc. sells an AI headset product in a monopoly market. What is true about this company?
Price equal marginal revenue
There no barrier to this market.
There is a single firm selling a product with no close substitutes.
Firm earn economic profits.
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AP Microeconomics - 4.2 Monopolies
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AI Headset Product
Gorilla Inc.
Monopoly Market
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About Fiveable
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Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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