Which of the following can occur as a result of advertising, Business Economics

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Which of the following can occur as a result of advertising

Which of the following can occur as a result of advertising in a monopolistically competitive market? Check all that apply.

1) Positive long-run economic profit

2) Lower long-run product price

3) Higher long-run product price

4) Zero short-run economic profit

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Business Economics: Which of the following can occur as a result of advertising

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Business Economics: Which of the following can occur as a result of advertising

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