Question

multiple choice question
in long - run equilibrium, monopolistically competitive firms will show a(n)
normal profit
above - normal profit
increasing loss
below - normal profit

Explanation:

In long - run equilibrium of monopolistic competition, firms enter or exit until economic profit is zero, which means they earn a normal profit. There is free entry and exit, so above - normal profits attract new entrants and losses cause firms to exit.

Answer:

normal profit