In long run, monopolistic competitive firms earn profits only when
A. The efficient output level will be produced in the long run.
B. They earn zero economic profit
C. Firms will only earn a normal profit==
D. Firms realize all economies of scale
Answer:C
In long run, monopolistic competitive firms earn profits only when
A. The efficient output level will be produced in the long run. B. They earn zero economic profit C. Firms will only earn a normal profit== D. Firms realize all economies of scale