Suppose the carwash market is monopolistically competitive and that businesses in this market are currently earning positiveeconomic profits. In the long run, the demand for an individual car wash business willthe market , which will cause economic profits toas more carwash businesses enterSelect an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.afall; risefall; fall to zerorise; fall to zerodrise; rise

In a monopolistic competitive market there are large number of firms producing similar but not…

uppose the carwash market is monopolistically competitive and that businesses in this market are currently earning positive conomic profits. In the long run, the demand for an individual car wash business will he market , which will cause economic profits to , as more carwash businesses enter lect an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a fall; rise b fall; fall to zero c rise; fall to zero d rise; rise