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

Author Question: In the long run in monopolistic competition, firms earn zero economic profit. a. True b. ... (Read 87 times)

cagreen833

Hero Member
Posts: 544

on: Jun 30, 2018

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

Sr. Member
Posts: 357

Reply #1 on: Jun 30, 2018

Answer to Question 1

A

Answer to Question 2

B

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