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Other Fields Homework Help Economics Topic started by: ShanitaD220 on Aug 22, 2018



Title: A monopolistic competitor is like a competitive firm in the long run, because
Post by: ShanitaD220 on Aug 22, 2018
A monopolistic competitor is like a competitive firm in the long run, because
A) it earns positive economic profits.
B) it earns zero economic profits
C) both firms will earn positive economic profits.
D) both firms will increase price to increase profits.


Title: A monopolistic competitor is like a competitive firm in the long run, because
Post by: 9ty9 on Aug 22, 2018
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Title: A monopolistic competitor is like a competitive firm in the long run, because
Post by: ShanitaD220 on Aug 22, 2018
Tremendous help, I just double-checked it with my friend :D