What Will Happen in the Long Run If Firms in Monopolistic

question 40

Multiple Choice

What will happen in the long run if firms in monopolistic competition incur economic loss?

• A)Firms will continue producing and endure the losses.
• B)Firms will leave the industry until the remaining firms make positive economic profit.
• C)Firms will ask the government for financial aid.
• D)Firms will leave the industry until the remaining firms make zero economic profit.
• E)The level of investment in this industry will increase to boost the economy.

---

Definitions:

Burning Pain

A sensation often described as fiery, itchy, or stinging, typically resulting from nerve damage or irritation and commonly associated with conditions like neuropathy.

Severe Pain

Intense and often debilitating discomfort that may significantly impair quality of life and functionality.

Guided Imagery

A technique used to direct thoughts and imagination towards a relaxed, focused state through guided visualizations or suggestions.

Analgesic Medication

Drugs designed to reduce pain without causing loss of consciousness, including over-the-counter pain relievers and prescription narcotics.