In the Long Run, Zero Economic Profit Exists in Monopolistic

question 122

True/False

In the long run, zero economic profit exists in monopolistic competition and perfect competition.

---

Definitions:

Current Information

The most recent data, facts, news, and findings available on a given subject or event.

Incorrect

Describes something that is not correct; refers to errors, inaccuracies, or untruths.

Neurotransmitters

Chemicals in the brain that transmit signals from one neuron to another, influencing countless functions including mood and behavior.