Question: How do I answer this question 11 1 point Suppose firms operating in a monopolistically competitive market are in long run equilibrium. If market demand

How do I answer this question

11 1 point Suppose firms operating in a monopolistically competitive market are in long run equilibrium. If market demand increases, what will be the short run impact at a typical firm? O The typical firm would experience positive economic profit as its demand curve shifts right. O A change in market demand would not impact the typical firm in the industry. O The typical firm's demand curve would shift left. The typical firm would experience an economic loss and decrease production. OO The typical firm's demand curve would shift right and the firm would experience an economic loss. Previous Next 7:30 PM here to search O 9 W X 3/29/2021 Home End Delete E8 F10 F11 Insert S % & Backspace 6 8 O

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