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Which of the following is true at the​ long-run equilibrium in a monopolistically competitive​ market? A. Each​ firm's output is at the point that minimizes its​ long-run average cost. B. Each firm earns zero economic profit.

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Answer:

B. Each firm earns zero economic profit.

Explanation:

In a monopolistic competitive market, there is free entry and exit in the market, if there is a profit more firms will come in and that will reduce the price to zero. the answer is, there will be zero economic profit in the market.

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