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Title: Under the conditions of monopolistic competition Post by: thanhha78 on Aug 29, 2017 Under the conditions of monopolistic competition
A) firm profits are higher in the long run than in the short run. B) economic profit is zero in the long run. C) average costs of production are the same in the short run as they are in the long run. D) price equals marginal cost. Title: Re: Under the conditions of monopolistic competition Post by: Lightman030 on Aug 29, 2017 Content hidden
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