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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
In monopolistic competition there are ________ barriers to entry, so therefore in the long run, economic profit ________.
A) no; is substantial
B) no; equals zero
C) many; equals zero
D) many; is substantial
E) many; might be earned depending on the degree of product differentiation
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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9 years ago
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