In Monopolistic Competition, in the Long Run Firms Have

question 63

Multiple Choice

In monopolistic competition, in the long run firms have

• A) a capacity shortage.
• B) an economic loss.
• C) excess capacity.
• D) an economic profit.

---

Definitions:

Depression

A mental health disorder characterized by persistent feelings of sadness, loss of interest, and a lack of enjoyment in life.

Disruptive Mood Dysregulation Disorder

A mental disorder characterized by severe and recurrent temper outbursts that are disproportionate to the situation and developmental level.

Learned Helplessness

The hopelessness and passive resignation an animal or person learns when unable to avoid repeated aversive events.

Psychological Disorders

Psychological disorders marked by changes in cognition, emotional state, or actions that lead to suffering or decreased ability to function.