Suppose that you open a business selling savory burgers on Hillsborough. During your first year in business, you make a nice economic profit and consider putting a pause on your college education to pursue this business full-time. You tell yourself that if you keep making the same level of profit for the next 10 years, you will be able to retire early. Knowing what you know about monopolistic competitive markets, will you be able to retire early?

second question:

One difference between perfect and monopolistic competitive markets is that in the latter, price 6= MC in the long-run. Why is this the case?