In the long run, each firm in monopolistic competition ______. A. Makes zero economic profit B. Makes
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In the long run, each firm in monopolistic competition ______.
A. Makes zero economic profit
B. Makes as much economic profit as it would if it was a monopoly
C. Has the same markup and excess capacity as it would if the market was perfectly competitive
D. Creates the same deadweight loss as it would if it was a monopoly
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