Solved

Recall the Application About the Costs Involved in Opening a Dunkinʹ

Question 111

Multiple Choice

Recall the Application about the costs involved in opening a Dunkinʹ Donuts shop to answer the
following question(s) .
-Recall the Application. If you spend the money to become a Dunkinʹ Donuts franchise and it is in a monopolistically competitive market, you would expect in the long -run to earn zero economic profits because:


A) barriers to entering the donut business are small.
B) you must compete against other donut shops, bakeries, coffee shops and grocery stores.
C) franchise fees make sellers of brand names have higher costs than other sellers.
D) all of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents