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



Title: Nike is a firm in monopolistic competition. If Nike is earning an economic profit from new cross-tra
Post by: Loraine on Jun 21, 2015
Nike is a firm in monopolistic competition. If Nike is earning an economic profit from new cross-training shoe, over time the demand for these shoes
A) increases as new firms enter the market.
B) decreases as new firms enter the market.
C) does not change as new firms enter the market.
D) decreases as firms exit the market.
E) increases as firms exit the market.


Title: Re: Nike is a firm in monopolistic competition. If Nike is earning an economic profit from new cross
Post by: VincenzoD on Jul 23, 2015
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