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13-12-2022
Business

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Figure 16-2
This figure depicts a situation in a monopolistically competitive market.
Refer to Figure 16-2. Which of the following will occur in the long run in this industry?
a. Firms will exit this industry.
b. Firms will enter this industry.
c. This firm will continue to earn positive economic profits.
d. This firm will incur losses.

Figure 162 This figure depicts a situation in a monopolistically competitive market Refer to Figure 162 Which of the following will occur in the long run in thi class=

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