Question 7 The cotton industry shifted from high economic profits to zero economic profits, where it has stayed for many years. Considering this, which of the following decisions would be most likely? Margaret decides to expand her production in this market to make a profit. Margaret decides to exit this market because it seems unstable. OAnne decides not to enter this market because she won't make any profits. OAnne decides to enter this market because her chances of making profits are high. Question 8 Finding the is achieved in step 3 of the three-step method for monopolistic competition. Omarginal costs marginal revenue Gtotal revenue total costs

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