(Solution) If In The Short Run, Firms In Monopolistic Competition Make ____ Economic Profit, Then In The Long Run, New Firms Will Enter The Market. | Snapessays.com


(Solution) If in the short run, firms in monopolistic competition make ____ economic profit, then in the long run, new firms will enter the market.


If in the short run, firms in monopolistic competition make ____ economic profit, then in the long run, new firms will enter the market. (zero or positive)The______ the good produced by each individual firm will______.A.demandfor; decreaseB.demandfor; increaseC.supplyof; decreaseD.supply of; increase In the new long-run equilibrium, firms will make ______economic profit. (zero or positive)

 


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This question was answered on: May 23, 2022

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