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Title: When a monopolistically competitive firm cuts its price to increase its sales, it experiences a loss Post by: Tidy on Jun 21, 2015 When a monopolistically competitive firm cuts its price to increase its sales, it experiences a loss in revenue due to the income effect and a gain in revenue due to the substitution effect.
True or false? Title: Re: When a monopolistically competitive firm cuts its price to increase its sales, it experiences a Post by: VincenzoD on Jul 21, 2015 Content hidden
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