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Business, 27.09.2019 02:00 bullockarwen

Why do most firms in monopolistic competition typically make zero profit in the long run?
a. because the total market is not large enough to accommodate so many firms
b. because the lack of entry barriers would compete away profits
c. because firms do not produce at their minimum efficient scale
d. because firms produce differentiated products

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Why do most firms in monopolistic competition typically make zero profit in the long run?
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