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Loraine Loraine
wrote...
Posts: 4563
8 years ago
When firms in monopolistic competition are making an economic profit, firms will
A) enter the industry, and demand will increase for the original firms.
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 decrease for the original firms.
E) enter the industry and then will exit the industry.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 153 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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8 years ago
Thank you, thank you, thank you!
wrote...

Yesterday
Thanks
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2 hours ago
Smart ... Thanks!
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