i.If MU Café, which is a monopolistically competitive firm, is making a positive profit in the short run, why might thi
Posted: Sun Jun 05, 2022 3:54 pm
i.If MU Café, which is a monopolistically competitive firm, is
making a positive profit in the short run, why might this profit
become zero in the long run?
ii. If MU Café wants to keep the profit positive in the long
run, what can it do? Provide ONE suggestion and briefly
explain.
making a positive profit in the short run, why might this profit
become zero in the long run?
ii. If MU Café wants to keep the profit positive in the long
run, what can it do? Provide ONE suggestion and briefly
explain.