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florida1014 florida1014
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A year ago
A monopolistically competitive firm is predicted to earn positive profits

▸ only if it maintains excess capacity in the production of it product.

▸ only in the short run.

▸ because there are barriers to entry.

▸ only if it advertises its own product.

▸ only in the long run.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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daddyb1daddyb1
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A year ago
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florida1014 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Alina01978
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Yesterday
Just got PERFECT on my quiz
julymontalvo
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2 hours ago
Brilliant ツ
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