In a monopolistically competitive market with negative economic profits,

A. Firms will enter until accounting profits are zero.
B. Firms will exit until economic profits are zero.
C. No entry or exit will occur.
D. Firms will enter until economic profits are zero.

Answer: B

Economics

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Refer to the scenario above. Which country has the lowest income per capita?

A) Ritzland B) Techland C) Eduland D) Neoland

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