Figure 12.1.1 -A Monopolistically Competitive Firm in Short-Run Equilibrium

question 67

Multiple Choice

Figure 12.1.1
-A monopolistically competitive firm in short-run equilibrium:

• A) will make negative profit (lose money).
• B) will make zero profit (break-even).
• C) will make positive profit.
• D) Any of the above are possible.

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