In the long run,firms in monopolistic competition make zero economic profit.When firms make zero economic profit,in the long run hey exit the industry.

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In the long run, firms in monopolistic competition make zero economic profit due to the entry of new firms, which erodes any short-term profits. However, zero economic profit means firms are covering all their costs, including opportunity costs, so they do not exit the industry.

In the Long Run,firms in Monopolistic Competition Make Zero Economic