Why Do Most Firms in Monopolistic Competition Typically Make Zero

question 152

Multiple Choice

Why do most firms in monopolistic competition typically make zero profit in the long run?

• A)Because firms produce differentiated products
• B)Because the lack of entry barriers would compete away profits
• C)Because firms do not produce at their minimum efficient scale
• D)Because the total market is not large enough to accommodate so many firms

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A chemical element with symbol Ca, an essential nutrient for living organisms, especially in cell physiology and bone formation.

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