In short run a firms in monopolistic competition / » Micro economics 2 solved MCQs / By admin Question: In short run a firms in monopolistic competition A. Always earns profit B. Incurs loss C. Earns normal profit only D. May earn normal profit, abnormal profit or incur losses Answer» d. May earn normal profit, abnormal profit or incur losses Note: The above multiple-choice question is for all general and Competitive Exams in India.