The dry cleaning industry is in monopolistic competition.
In the short? run, the? profit-maximizing price is? $10 per item and the average total cost is? $6 per item. In the long? run, the? profit-maximizing price is? $8 per item.
In the long? run, what is the economic profit of a firm in the dry cleaning? industry?
In the long? run, the economic profit of a firm in the dry cleaning industry is ?$ (answer)