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Loraine Loraine
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9 years ago
The freedom of entry and exit in monopolistic competition means that firms
A) enter the market when economic losses are being suffered.
B) exit the market when economic profits are being earned.
C) enter the market when normal profits are being earned.
D) can enter a market to compete for economic profits and leave when economic losses are being incurred.
E) find it easy to permanently earn an economic profit.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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9 years ago
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Loraine Author
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9 years ago
Brilliant ツ
DaiwalkerX
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Yesterday
Smart ... Thanks!
gma_of_7
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2 hours ago
Correct Slight Smile TY
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