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In Monopolistic Competition,firms Can Make an Economic Profit in

Question 79

Multiple Choice

In monopolistic competition,firms can make an economic profit in


A) the short run but not in the long run.
B) the short run and in the long run.
C) the long run but not in the short run.
D) neither the short run nor the long run.
E) always in the short run and sometimes but not frequently in the long run.

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