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Title: For a firm in monopolistic competition, innovation and product development are Post by: Loraine on Jun 21, 2015 For a firm in monopolistic competition, innovation and product development are
A) senseless because economic profit is always zero in the long run. B) necessary in order to have a chance of earning at least a short-run economic profit. C) inconsequential because each firm produces a different product. D) necessary to allow new firms to enter. E) uncommon because other firms already produce similar products. Title: Re: For a firm in monopolistic competition, innovation and product development are Post by: VincenzoD on Jul 23, 2015 Content hidden
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