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(Figure: Long-Run Monopolistic Competition) Based on the Graph, This Monopolistically

Question 270

Multiple Choice

(Figure: Long-Run Monopolistic Competition) Based on the graph, this monopolistically competitive firm will earn _____ profit in the long run.
(Figure: Long-Run Monopolistic Competition) Based on the graph, this monopolistically competitive firm will earn _____ profit in the long run. A) higher-than-normal economic B) less-than-normal C) abnormal profits D) zero economic


A) higher-than-normal economic
B) less-than-normal
C) abnormal profits
D) zero economic

Correct Answer:

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