In the long run both monopolistically competitive and
In the long run, both monopolistically competitive and prefectly competitive firms attain
A. Zero economic profits
B. positive economic profits
C. lowest cost production
D. Productive efficiency
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barbararsquos utility for 2 goods x and y is given by ux y x06y04 let i denote income and px and py denote the prices
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in the long run both monopolistically competitive and prefectly competitive firms attaina zero economic profitsb
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