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    Principles of Microeconomics
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    Exam 15: Monopolistic Competition
  5. Question
    When Monopolistically Competitive Firms Earn ________ Profits, Other Firms ________
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When Monopolistically Competitive Firms Earn ________ Profits, Other Firms ________

Question 157

Question 157

Multiple Choice

When monopolistically competitive firms earn ________ profits, other firms ________ the industry in the long run.


A) positive economic; exit
B) normal; enter
C) negative economic; exit
D) normal; exit

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