Chapter 13 & 14 Quiz X Chapter 13 & 14 Quiz X Course Hero X G In the long run, monopolistically x + X C A mylab.pearson.com/Student/PlayerTest.aspx?testId=249366734 Economics 1001 - Section 5 - Online - Speicher Kyla Rose ? = Quiz: Chapter 13 & 14 Quiz Question 5 of 12 This quiz: 15 point(s) possible This question: 1 point(s) possible Submit quiz Question list K Is zero economic profit inevitable in the long run for monopolistically competitive firms? In the long run, monopolistically competitive firms O A. will not continue to earn profit because monopolistically competitive firms produce identical products. O Question 1 O B. may continue to earn profit by convincing consumers their products are different. O C. will not continue to earn profit because the cost of production will rise as new firms enter the market. O Question 2 O D. will continue to earn profit due to barriers to new firms entering the market. O E. may continue to earn profit by instead beginning to produce a product identical to competitors. O Question 3 O Question 4 O Question 5 O Question 6 Next Apr 6 7:19 5 9