In the long run, all firms in a monopolistically competitive ...

[Chelseaamend]

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.

[cclemon1]

Answer to Question 1

D

Answer to Question 2

B

[Chelseaamend]

Great answer, keep it coming

[kthug]

Thanks for the timely response, appreciate it