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Loraine Loraine
wrote...
Posts: 4563
9 years ago
For a firm in monopolistic competition, selling costs
A) increase costs and reduce profits.
B) always increase demand.
C) can change the quantity produced and lower the average total cost.
D) can lower total cost.
E) have no effect on the quantity sold.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 239 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
wrote...
Top Poster
Posts: 1913
9 years ago
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Loraine Author
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9 years ago
Good timing, thanks!
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Yesterday
Correct Slight Smile TY
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2 hours ago
You make an excellent tutor!
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