The monopolistic competitive firm in short-run equilibrium may experience economic profits that are
A) always zero.
B) greater than, equal to, or less than zero.
C) always positive.
D) always negative.
Answer: B
Economics
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A) greater than; selling an extra unit of output B) less than; selling one less unit of output C) less than; hiring an extra worker D) less than; hiring one less worker
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An increase in the interest rate is associated with an increase in bond prices
a. True b. False Indicate whether the statement is true or false
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