Answer:
Equilibrium is the state in which market supply and demand balance each other, and as a result prices become stable.
Answer:
D. they will be unable to earn higher-than-normal profits in the long run.
Explanation: A monopolistic competition is a form of imperfect Competition where many firms that are located within a give market are known to offer similar products to the markets that are not enough to qualify them as a perfect close Substitute (the Purchase of one of the close Substitute does not necessarily prevent the purchase of another). in this type of imperfect Competition the possibility of a barrier to entry or exit is generally low.
Answer:
<h3>The answer is 2</h3><h3>Thanks for the 20 points. </h3><h3>Merry Christmas ❤❤❤</h3>
The mutual understanding and listening to both parties. It helps create a stronger work relationship (this isn’t the exact answer it’s just in my own words)