In the Short Run in Monopolistic Competition There Can Be

question 58

Multiple Choice

In the short run in monopolistic competition there can be:

• A)economic profits,but not losses.
• B)economic profits,losses or break even.
• C)no economic profits,but losses
• D)no economic profits or losses.

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Definitions:

Marital Satisfaction

A measure of the degree to which partners in a marital relationship are content and happy with their relationship.

Personality

The combination of emotional, attitudinal, and behavioral response patterns of an individual.

Conscientiousness

An attribute of character involving being orderly, dependable, and deeply committed to obligations.

Extraversion

A personality trait characterized by outgoingness, high energy, and sociability.