In the Long Run, a Firm in Monopolistic Competition ________

Multiple Choice

In the long run, a firm in monopolistic competition ________ a markup of price over marginal cost, and a firm in perfect competition ________ a markup of price over marginal cost.

A) has; does not have
B) might have; might have
C) does not have; does not have
D) does not have; has
E) has; has