In monopolistic competition, there is a positive economic profit in the long run. True False

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter10: Monopolistic Competition And Oligopoly
Section: Chapter Questions
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Question 22
In monopolistic competition, there is a positive economic profit in the long run.
True
False
Transcribed Image Text:Question 22 In monopolistic competition, there is a positive economic profit in the long run. True False
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