If positive economic profit exists in monopolistic competition,there is

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In monopolistic competition, firms have some degree of market power and can generate economic profit in the short run through product differentiation. However, in the long run, new firms will be attracted to the market due to the profit potential, leading to increased competition and a decrease in economic profit. Therefore, if economic profit exists in monopolistic competition, there is an incentive for new firms to enter the market and compete with existing firms, driving down prices and reducing economic profit.

If Positive Economic Profit Exists in Monopolistic Competition,there Is