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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
Which of the following is NOT similar between monopolistic competition and perfect competition?
A) Many firms compete in the market.
B) It's easy to enter the market.
C) The firms have downward sloping demand curves.
D) The firms might incur economic losses in the short run.
E) In the long run, the firms earn zero economic profit.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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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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9 years ago
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Loraine Author
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9 years ago
Smart ... Thanks!
hannahspillett
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Yesterday
this is exactly what I needed
TheMoffattMan
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2 hours ago
Thanks
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