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The Monopolistically Competitive Firm in the Following Figure Is Earning

question 259

Multiple Choice

The monopolistically competitive firm in the following figure is earning a profit of _____; in the long run, _____ will occur in this industry.
The monopolistically competitive firm in the following figure is earning a profit of _____; in the long run, _____ will occur in this industry.   A)  $300; entry B)  $300; exit C)  $400; entry D)  $400; exit


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