|
Title: Which of the following is NOT similar between monopolistic competition and perfect competition? Post by: Loraine on Jun 21, 2015 Which of the following is NOT similar between monopolistic competition and perfect competition?
A) Many firms compete in the market. B) It's easy to enter the market. C) The firms have downward sloping demand curves. D) The firms might incur economic losses in the short run. E) In the long run, the firms earn zero economic profit. Title: Re: Which of the following is NOT similar between monopolistic competition and perfect competition?A Post by: VincenzoD on Jul 23, 2015 Content hidden
|