Profit-maximizing,monopolistically competitive firms
A) are guaranteed an economic profit in the short run.
B) never lose money.
C) produce only those goods for which they can acquire a barrier to entry,such as a patent (hence the term "monopolistically") .
D) necessarily earn long-run economic profits.
E) cannot be guaranteed an economic profit in any period and might incur losses.
Correct Answer:
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B)
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