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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
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.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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8 years ago
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Loraine Author
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8 years ago
You make an excellent tutor!
derya1234
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
bkrandy
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2 hours ago
Thanks for your help!!
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