In the long run under monopolistic competition, profits will always be:
A)zero.
B)the industry average rate of return.
C)positive.
D)positive or zero, but never negative.

Question

Quizplus · Accepted Answer

The Answer of In the long run under monopolistic competition, profits will always be:
A)zero.
B)the industry average rate of return.
C)positive.
D)positive or zero, but never negative.

In the Long Run Under Monopolistic Competition, Profits Will Always