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fifadaniel fifadaniel
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Posts: 291
5 years ago
A monopolistic competitor is like a monopolist in the short run in that when economic profits are
A) equal to zero, price equals marginal cost.
B) equal to zero, price below marginal cost.
C) greater than zero, changes in output are due to changes to plants by existing firms and there is no entry.
D) greater than zero, price exceeds marginal cost.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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jadajada
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Posts: 187
5 years ago
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fifadaniel Author
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5 years ago
This calls for a celebration Person Raising Both Hands in Celebration
dri
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Thanks for your help!!
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