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Title: When firms in monopolistic competition incur an economic loss, some firms will Post by: Loraine on Jun 21, 2015 When firms in monopolistic competition incur an economic loss, some firms will
A) enter the industry and produce more products. B) exit the industry, and demand will increase for the firms that remain. C) exit the industry, and demand will decrease for the firms that remain. D) enter the industry, and demand will become more elastic for the original firms. E) exit the industry and other firms will enter. Title: Re: When firms in monopolistic competition incur an economic loss, some firms will Post by: VincenzoD on Jul 23, 2015 Content hidden
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