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-In the Long Run in Monopolistic Competition, Firms

Question 54

Multiple Choice

-In the long run in monopolistic competition, firms A) make zero economic profit. B) shut down if they are making zero economic profit. C) incur an economic loss. D) make either an economic profit or zero economic profit. E) can make an economic profit.
-In the long run in monopolistic competition, firms


A) make zero economic profit.
B) shut down if they are making zero economic profit.
C) incur an economic loss.
D) make either an economic profit or zero economic profit.
E) can make an economic profit.

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