Business, 24.12.2019 00:31 dubouuu

In the long run the prices charged by a firm in monopolistic competition will be

a. high enough to provide profits to the firm.
b. so low that many firms will drop out of the industry.
c. equal to marginal cost.
d. equal to average cost, including the opportunity cost of capital.

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In the long run the prices charged by a firm in monopolistic competition will be

a. hig...