If firms in monopolistic competition are earning economic profits, then
A) they can expect to earn the profits indefinitely.
B) new rivals enter the industry, and the demand for any seller's good decreases.
C) the market demand becomes more inelastic.
D) the industry is in long-run equilibrium.
E) new rivals enter the industry, and the demand for any seller's good increases.
B
Economics
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An increase in the reserve requirement will lead to increased net exports
Indicate whether the statement is true or false
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When Microsoft put together a set of products with the Windows operating system, it was practicing
A) bundling. B) tie-in sales. C) versioning. D) compacting.
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