Multiple Choice
Use the following to answer questions:
Figure: Monopolistic Competition VI
-(Figure: Monopolistic Competition VI) In the figure Monopolistic Competition VI, in the long run firms will:
A) enter this market until all firms earn a zero economic profit.
B) exit this market until all remaining firms earn a zero economic profit.
C) enter this market, leading to excess profit for all of the firms.
D) exit this market, leading to excess profit for all of the remaining firms.
Correct Answer:

Verified
Correct Answer:
Verified
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