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If firms in a monopolistically competitive industry are incurring losses, in the long run

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If firms in a monopolistically competitive industry are incurring losses, in the long run

If firms in a monopolistically competitive industry are incurring losses, in the long run
A) firms will leave this industry until the firms that remain are earning a positive economic profit.
B) the government will subsidize the losses incurred by these firms so as to maintain competition in the industry.
C) firms will leave this industry until the remaining firms are earning a normal profit.
D) investment in this industry will increase to reduce production costs.

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