question archive When a market is monopolistically competitive, the typical firm in the market is likely to experience a: a

When a market is monopolistically competitive, the typical firm in the market is likely to experience a: a

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When a market is monopolistically competitive, the typical firm in the market is likely to experience a:

a. Positive profit in the short run and in the long run,

b. Positive or negative profit in the short run and a zero profit in the long run,

c. Zero profit in the short run and a positive or negative profit in the long run,

d. Zero profit in the short run and in the long run

Option 1

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Option 2

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