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Loraine Loraine
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Posts: 4563
9 years ago
When firms in monopolistic competition incur an economic loss, some firms will
A) enter the industry and produce more products.
B) exit the industry, and demand will increase for the firms that remain.
C) exit the industry, and demand will decrease for the firms that remain.
D) enter the industry, and demand will become more elastic for the original firms.
E) exit the industry and other firms will enter.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 155 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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VincenzoDVincenzoD
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Top Poster
Posts: 1913
8 years ago
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Loraine Author
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9 years ago
Thank you, thank you, thank you!
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
This helped my grade so much Perfect
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