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A monopolistically competitive firm that earns an accounting profit in the short run O could earn an economic profit, break even, or suffer an economic
A monopolistically competitive firm that earns an accounting profit in the short run O could earn an economic profit, break even, or suffer an economic loss in the short run. O does not earn enough to earn an economic profit in the short run. O must also earn an economic profit in the short run. O could earn an economic profit or break even, but could not suffer an economic loss in the short run
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