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nguyenduong67 nguyenduong67
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6 years ago
Suppose in the city of Blacksburg, music stores operate in a monopolistically competitive market. If the price of CDs in Blacksburg is currently equal to $20 per CD and the average cost of CDs is $15, in the long run we expect the price of CDs to
A) stay the same.
B) increase.
C) decrease, and the average cost of selling CDs to increase.
D) decrease, and the average cost of selling CDs to decrease.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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nguyenduong67 Author
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6 years ago
Thanks for your help!!
my2redeyes
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Yesterday
Helped a lot
jamiebonf99
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2 hours ago
You make an excellent tutor!
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