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Why is it that a monopolistically competitive firm cannot earn positive economic profits in the long run?

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Why is it that a monopolistically competitive firm cannot earn positive economic profits in the long run?

Why is it that a monopolistically competitive firm cannot earn positive economic profits in the long run?

Textbook

Economics Today: The Micro View

Economics Today: The Micro View

Edition: 19^th

Author: Miller

Read 36 times

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