Author Question: In the long run in monopolistic competition, firms earn zero economic profit. a. True b. ... (Read 89 times)

cagreen833

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In the long run in monopolistic competition, firms earn zero economic profit.
 a. True
  b. False

Question 2

The market demand curve for a public good
 a. is the horizontal sum of all individual demand curves
  b. is the vertical sum of all individual demand curves.
  c. is upward sloping
  d. is horizontal
  e. does not exist



yuyiding

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Answer to Question 1

A

Answer to Question 2

B



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