Title: In long-run equilibrium, a firm in monopolistic competition makes Post by: Loraine on Jun 21, 2015 In long-run equilibrium, a firm in monopolistic competition makes
A) an economic profit, but the economic profit is less than it would be if the firm was a monopoly. B) an economic profit that is higher than what it would be if the firm was a monopoly. C) zero economic profit. D) an economic profit that is the same amount as it would be if the firm was a monopoly. E) an economic profit, an economic loss, or zero economic profit. Title: Re: In long-run equilibrium, a firm in monopolistic competition makes Post by: VincenzoD on Jul 23, 2015 Content hidden
|