In a monopolistic competition market structure it is likely that if a company is earning profits it can maintain those profits in the long run ...   Group of answer choices a. false b. true

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter10: Monopolistic Competition And Oligopoly
Section: Chapter Questions
Problem 9RQ: If the firms in a monopolistically competitive market are earning economic profits or losses in the...
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In a monopolistic competition market structure it is likely that if a company is earning profits it can maintain those profits in the long run ...
 
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a. false
b. true
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