In monopolistic competition of firms are making abnormal profit other – McqOptions

MCQOPTIONS

1.	In monopolistic competition of firms are making abnormal profit other firms will enter and ?
A.	The marginal cost will shift outwards
B.	the demand curve will shift inwards
C.	The average cost will shift downwards
D.	The average variable cost will increase
Answer» B. the demand curve will shift inwards

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