In the long run, firms in a monopolistically competitive market
A) usually earn positive economic profits.
B) always earn monopoly profits.
C) usually earn economic losses.
D) earn zero economic profits.
D
Economics
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Which of the following pairs is the most likely to exhibit a direct relationship?
A. The price of gasoline and the amount of gasoline that people purchase. B. Cholesterol levels and the likelihood of developing heart disease. C. Outdoor temperature and heating oil sales. D. Annual income and weekly pawn shop visits.
Economics
It is not optimal to have equal incomes.
Answer the following statement true (T) or false (F)
Economics