In short run a firms in monopolistic competition

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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.