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Tidy Tidy
wrote...
Posts: 4852
9 years ago
A monopolistically competitive firm that earns an accounting profit in the short run
A) must also earn an economic profit in the short run.
B) does not earn enough to earn an economic profit in the short run.
C) could earn an economic profit, break even or suffer an economic loss in the short run.
D) could earn an economic profit or break even, but could not suffer an economic loss in the short run.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 204 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
VincenzoDVincenzoD
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Top Poster
Posts: 1913
9 years ago
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Tidy Author
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You make an excellent tutor!
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Thanks
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