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ScottyAgau ScottyAgau
wrote...
Posts: 279
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6 years ago
In the long run, monopolistically competitive firms will not earn economic profits because
A) average total cost will shift up to meet the demand curve.
B) input prices will be bid up.
C) production will not be at minimum average cost.
D) new firms will enter the industry.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 63 times
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wrote...
6 years ago
 D
ScottyAgau Author
wrote...
6 years ago
Oh god, I was lost before coming here. Thanksss
 
wrote...
6 years ago
Great, make sure you mark the topic solved, it hides it from other eyes Slight Smile
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