Question: A firm in long-run equilibrium Select one: O A. makes greater economic profit in a monopolistically competitive market than in a perfectly competitive market. O

A firm in long-run equilibrium Select one: O A. makes greater economic profit in a monopolistically competitive market than in a perfectly competitive market. O B. in a perfectly competitive market has zero markup. O C. in a monopolistically competitive market has zero markup. O D. in a perfectly competitive market has excess capacity. O E. in a perfectly competitive market has a greater markup than a firm in long-run equilibrium in a monopolistically competitive market

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