The zero-profit condition is assumed for the long run equilibrium under monopolistic competition, all things equal. So explain why it is possible for firms under monopolistic competition to escape the zero-profit condition while it is much less likely under perfect competition.

What comprises a list of main points and sub-points of a topic to include in a presentation

If you would like to ask a question you will have to spend some points

Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.