In the long run in monopolistic competition _____. a) most fi rms make a profit b) the

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In the long run in monopolistic competition _____.

a) most fi rms make a profit

b) the absence of entry barriers ensures that there are no profits

c) economies of scale ensure that there are no profits

d) most firms lose money.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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