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:

Question

Quizplus · Accepted Answer

In a monopolistically competitive market, firms can earn positive economic profits in the short run, but in the long run, the entry of new firms erodes these profits, leading to zero economic profits.

Recall the Application About the Costs Involved in Opening a Dunkinʹ