Multiple Choice
The graph depicts a monopolistically competitive firm. 
This monopolistically competitive firm is earning economic profits in the short run and
A) will continue to have economic profits in the long run.
B) will earn only normal profits in the long run.
C) this will cause its demand curve to shift to the right in the long run.
D) this will cause its cost curves to rise in the long run.
Correct Answer:
Verified
Correct Answer:
Verified
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