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11 Dec 2019
The free entry and exit of firms in a monopolistically competitive market guarantee that:
a. Both economic profits and economic losses can persist in the long-run.
b. Both economic profits and economic losses disappear in the long-run.
c. Economic profits but not economic losses can persist in the long-run.
d. Economic losses but not economic profits can persist in the long-run.
The free entry and exit of firms in a monopolistically competitive market guarantee that:
a. Both economic profits and economic losses can persist in the long-run.
b. Both economic profits and economic losses disappear in the long-run.
c. Economic profits but not economic losses can persist in the long-run.
d. Economic losses but not economic profits can persist in the long-run.
Alice SejakeLv10
29 Dec 2020
