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Loraine Loraine
wrote...
Posts: 4563
9 years ago
To maintain their economic profits, firms in monopolistic competition must continually engage in
A) product innovation and development.
B) lowering their product's price.
C) raising their product's price.
D) realizing short-run losses.
E) making the demand for their product more elastic.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 230 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
VincenzoDVincenzoD
wrote...
Top Poster
Posts: 1913
9 years ago
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Loraine Author
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9 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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Yesterday
Good timing, thanks!
wrote...

2 hours ago
Brilliant
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