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 long-run equilibrium, the profit-maximizing price is $8 per item. in long-run equilibrium, what is the economic profit of a firm in the dry cleaning industry? in long-run equilibrium, the dry cleaning firm makes $ nothing economic profit.

In the long-run equilibrium, the dry cleaning firm makes no profit. The long run equilibrium is when a firm achieves their equilibrium by adjusting their production and profit margin to accommodate the changes. The production is shown in a graph form for companies to understand where they need their sales and costs to lye to maximize profits.

well based on 99% of parents have dont something wrong to there kids mabey even stole money from you so based on maney inccedent i would choose guilt