In monopolistically competitive markets free entry and exit suggests that

Asked by admin @ in Business viewed by 252 People

In monopolistically competitive markets, positive economic profits

A. suggest that some existing firms will exit the market.
B. suggest that new firms will enter the market.
C. are sustained through government-imposed barriers to entry.
D. are never possible.

Answered by admin @


Answer:

option B is correct

  • because in monopolistic competition their exist a free entry n exit of farm.

  • their are large no. of bayer and seller in the market.
  • differentiated products that means they r not identical in shape ,size,colour etc.

Explanation:

i hope it will help uh!


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