Which of the following statements best describes firms under monopolistic competition? Group of answer choices

Profits will be positive in the long run.

Price always equals average variable cost.

In the long run, positive economic profit will be eliminated.

Marginal revenue equals the minimum average total cost in the short run.

Option C: In the long run, positive economic profit will be eliminated.

Explanation:

The statement that best describes firms under monopolistic competition is Option C, which is "in the long run, positive economic profit will be eliminated."

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mali had been a state inside of the ghanaian empire. after ghana fell because of invading forces and internal disputes, mali rose to greatness under the leadership of a legendary king named sundiata, the "lion king." the songhai empire, already weakened by internal political struggles, went into decline.

answer; collective security;