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Other Fields Homework Help Economics Topic started by: Tidy on Jun 21, 2015



Title: When new firms are encouraged to enter a monopolistically competitive market
Post by: Tidy on Jun 21, 2015
When new firms are encouraged to enter a monopolistically competitive market
A) some existing firms must be earning economic profits.
B) they do so because there is insufficient product differentiation.
C) the demand curve facing an existing firm shifts to the right.
D) the marginal cost curve facing an existing firm shifts downwards.


Title: Re: When new firms are encouraged to enter a monopolistically competitive market
Post by: VincenzoD on Jul 20, 2015
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