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(Solved): Refer to the graph above of a monopolistic competitor. According to the graph, this industry is curr ...



Refer to the graph above of a monopolistic competitor. According to the graph, this industry is currently: Question 9 options: A) not in long-run equilibrium and we would expect more firms to enter this industry. B) in short-run equilibrium and we would expect some firms to exit this industry. C) in long-run equilibrium with zero economic profit. D) in short-run equilibrium with economic profit greater than zero.



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