[Answered] In the long run, all firms in a monopolistically competitive industry make A) negative accounting ...

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Chelseaamend

Hero Member
Posts: 545

on: Jun 29, 2018

In the long run, all firms in a monopolistically competitive industry make

A) negative accounting profit.
B) zero accounting profit.
C) an economic profit.
D) zero economic profit.

Question 2

The beginning of antitrust law is found in the

A) 1914 Clayton Act.
B) 1890 Sherman Act.
C) 1947 Taft-Hartley Act.
D) 1950 Cellar-Kefauver Act.

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Marked as best answer by a Subject Expert

cclemon1

Sr. Member
Posts: 312

Reply #1 on: Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

B

Chelseaamend

Member
Posts: 545

Reply 2 on: Jun 29, 2018

TYSM

ecabral0

Member
Posts: 310

Reply 3 on: Yesterday

Great answer, keep it coming

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