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    Principles of Microeconomics Study Set 3
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    Exam 12: Monopolistic Competition and Advertising
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    If Monopolistically Competitive Firms Are Making Zero Economic Profit,then These
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If Monopolistically Competitive Firms Are Making Zero Economic Profit,then These

Question 63

Question 63

Multiple Choice

If monopolistically competitive firms are making zero economic profit,then these firms would


A) leave the industry.
B) charge higher prices.
C) make demand more inelastic.
D) remain in the industry.
E) begin to collude illegally.

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