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Refer to the Information Provided in Figure 15

question 48

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Refer to the information provided in Figure 15.4 below to answer the question(s) that follow. Refer to the information provided in Figure 15.4 below to answer the question(s) that follow. Figure 15.4 -Refer to Figure 15.4. In the long run in this monopolistically competitive industry, A) some firms will leave the industry until the remaining firms earn a normal profit. B) firms will leave the industry until each firm earns a positive economic profit. C) firms will enter the industry, which will increase the demand for the product. D) the government will subsidize the firms to eliminate any losses the firms incur. Figure 15.4
-Refer to Figure 15.4. In the long run in this monopolistically competitive industry,

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