In the Long Run Under Monopolistic Competition, Profits Will Always

question 44

Multiple Choice

In the long run under monopolistic competition, profits will always be:

• A)zero.
• B)the industry average rate of return.
• C)positive.
• D)positive or zero, but never negative.

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Definitions:

Field Diameter

The visible area observed through the microscope lens at a particular magnification.

Total Magnification

Total magnification refers to the combined magnifying power of an optical instrument, such as a microscope, calculated by multiplying the magnification of the objective lens by the magnification of the eyepiece.

Gland's Width

The measurement of a gland's size across its widest point.

Working Distance

The distance between the objective lens of a microscope and the specimen being observed when in focus.