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In the short run,a monopolistically competitive firm produces at the optimal level of output and is earning positive economic profits.In the long run,the _____ of firms shifts the firm's demand and marginal revenue curves _____,which _____ the firm's level of output and _____ the price it can charge until price equals average total cost.
Natural Light
The light that comes from the sun, as opposed to artificial light sources.
Oculus
A circular opening at the top of a dome or in a wall, allowing light and air into the space below; notably used in Roman and Renaissance architecture.
Emperor of the West
Historically refers to the ruler of the Western Roman Empire, specifically after its division from the Eastern Empire.
Honorius
A Roman Emperor of the West (395-423 AD) known for his reign during the period of the empire's decline in the face of Visigothic invasions and internal strife.
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