Complete the following sentences from the answers below.
(a) The individual firm in monopolistic competition has a:
(b) In the long run firms in monopolistic competition earn:
(c) Firms in monopolistic competition compete through:

(i) non price competition.
(ii) a relatively elastic demand curve.
(iii) normal profit.

Question

Complete the following sentences from the answers below.
(a) The individual firm in monopolistic competition has a:
(b) In the long run firms in monopolistic competition earn:
(c) Firms in monopolistic competition compete through:

(i)	non price competition.
(ii)	a relatively elastic demand curve.
(iii)	normal profit.

Quizplus · Accepted Answer

The Answer of Complete the following sentences from the answers below.
(a) The individual firm in monopolistic competition has a:
(b) In the long run firms in monopolistic competition earn:
(c) Firms in monopolistic competition compete through:

(i)	non price competition.
(ii)	a relatively elastic demand curve.
(iii)	normal profit.

Complete the Following Sentences from the Answers Below