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Tidy Tidy
wrote...
Posts: 4852
8 years ago
When a monopolistically competitive firm lowers its price, one good thing happens to the firm. What is this "one good thing" called?
A) the output effect
B) the price effect
C) the income effect
D) the substitution effect
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 428 times
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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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Posts: 1913
8 years ago
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wrote...
3 years ago
thanks
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