A monopolistic competitor has the following information about cost and demand.

What will this firm's profits equal in the long run?
A) -$55
B) $0
C) $250
D) $280

Question

A monopolistic competitor has the following information about cost and demand.

What will this firm's profits equal in the long run?
A) -$55 
B) $0 
C) $250 
D) $280

Quizplus · Accepted Answer

The Answer of A monopolistic competitor has the following information about cost and demand.

What will this firm's profits equal in the long run?
A) -$55 
B) $0 
C) $250 
D) $280

A Monopolistic Competitor Has the Following Information About Cost and Demand