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Author Question: In the long run, all firms in a monopolistically competitive industry make A) negative accounting ... (Read 78 times)

Chelseaamend

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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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cclemon1

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Chelseaamend

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

steff9894

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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