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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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Posts: 4852
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8 years ago
When a monopolistically competitive firm cuts its price to increase its sales, it experiences a loss in revenue due to the
A) substitution effect.
B) income effect.
C) price effect.
D) output effect.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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#1
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8 years ago
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Tidy Author
wrote...

8 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
linlinlin
wrote...

Yesterday
Good timing, thanks!
erimis
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2 hours ago
Thanks
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