In Monopolistic Competition, If Economic Profits Are Being Earned, Which

question 91

Multiple Choice

In monopolistic competition, if economic profits are being earned, which of the following will not happen?

• A) New firms will enter.
• B) Entry will cause the market supply curve to shift to the right.
• C) Entry will cause the firm's demand curve to shift to the left.
• D) Entry will cause the market price to rise.

---

Definitions:

Key Performance Parameters

Critical measures or metrics used to evaluate the success or performance of a project or employee.

Graphical Presentation

The use of visual elements such as charts, graphs, and images to represent data or information for easier understanding.

Executive Dashboard

A visual representation of key performance indicators and metrics designed for senior managers to help in decision-making processes.

Analytics Matrix

A framework used to organize and interpret various data points and metrics for better decision making in business or research.