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Title: If short-run economic profits are greater than zero for firms in a monopolistically competitive ... Post by: sinerus on Aug 29, 2017 If short-run economic profits are greater than zero for firms in a monopolistically competitive market, in the long run we expect
A) competing firms to enter the market and sell similar products. B) the demand curve for firms in the market to shift to the right. C) entry barriers to prevent competing firms from entering this market. D) profits to increase. Title: Re: If short-run economic profits are greater than zero for firms in a monopolistically competitive ... Post by: trumpetsoflife on Aug 29, 2017 Content hidden
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