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nguyenduong67 nguyenduong67
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6 years ago
Under the conditions of monopolistic competition, if a firm is earning economic profits in the short run
A) firm profits are higher in the long run than in the short run.
B) long-run economic profits are positive.
C) average costs of production are higher in the long run than in the short run.
D) prices are higher in the long run than in the short run.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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nguyenduong67 Author
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6 years ago
Brilliant ツ
halyna
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Yesterday
Thank you, thank you, thank you!
branbran2k16
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2 hours ago
Thanks
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