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Loraine Loraine
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Posts: 4563
9 years ago
As a firm in monopolistic competition sets the price for its product, the firm faces a tradeoff between
A) supply and demand.
B) efficiency and equity.
C) internal and external economies of scale.
D) price and the quantity it can sell.
E) its marginal revenue and its price.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 229 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
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Posts: 1913
9 years ago
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Loraine Author
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9 years ago
You make an excellent tutor!
wrote...

Yesterday
Thank you, thank you, thank you!
wrote...

2 hours ago
Smart ... Thanks!
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