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Business, 13.07.2020 19:01 fatherbamboo

Which of the following statements are true about both monopolistic competition and monopolies? Check all that apply. Firms earn zero profit in the long run. Firms are not price takers. Firms can earn positive profit in the long run. Price equals average total cost in the long run.

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Which of the following statements are true about both monopolistic competition and monopolies? Check...
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