If the number of firms in a monopolistically competitive industry increases and the degree of product differentiation diminishes Group of answer choices the likelihood of realizing economic profits in the long run would be enhanced. individual firms would now be operating at outputs where their average total costs would be higher. the industry would more closely approximate pure competition. the likelihood of collusive pricing would increase.

Match the steps for conducting an informational interview with the task involved in each step or its purpose. 1. research your chosen career field. 2. identify someone to interview. 3. prepare for the interview. 4. conduct the informational interview. 5. follow up with your interviewer. a. learn more about a company that interests you. b. encourage the interviewer to do most of the talking while you take notes. c. write a handwritten -you letter to express that you want to stay in touch. d. make contact through email, a phone call, or mail to arrange the meeting. e. choose a conservative, professional ensemble to wear.