In long run all the firms in the monopolistic competition

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Question:

In long run all the firms in the 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» c. Earns normal profit only

Note: The above multiple-choice question is for all general and Competitive Exams in India.