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Firms in monopolistic competition make zero economic profit in the long run beca...

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Firms in monopolistic competition make zero economic profit in the long run because

their marginal cost curves slope upward.

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the market eventually becomes perfectly competitive.

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the demand they face decreases as rival firms offer slightly differentiated products for sale in the same market.

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their costs rise over time.

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the four-firm concentration ratio gradually shrinks.

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