Monopolistically competitive firms experience economic profits in the long run that are:
eliminated due to firms leaving the industry.
eliminated due to firms entering the industry.
not eliminated because the competition is imperfect.
not eliminated because the demand curve is downward sloping.
not eliminated due to high barriers to entry to the industry.
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Monopolistically competitive firms experience economic profits in the long run that are: eliminated due to firms leaving the industry. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Business » Monopolistically competitive firms experience economic profits in the long run that are: eliminated due to firms leaving the industry. eliminated due to firms entering the industry. not eliminated because the competition is imperfect.