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Loraine Loraine
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Posts: 4563
9 years ago
In the long run, firms in monopolistic competition produce at a level that is ________ the efficient scale of output.
A) less than
B) equal to
C) more than
D) not comparable to
E) All of the above are possible depending on market conditions.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 166 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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Posts: 1913
9 years ago
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Loraine Author
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You make an excellent tutor!
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This calls for a celebration Person Raising Both Hands in Celebration
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