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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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8 years ago
When a monopolistically competitive firm lowers it price one bad thing happens to the firm. What is this "one bad thing" called?
A) the output effect
B) the income effect
C) the substitution effect
D) the price 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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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
amandamraz
wrote...

Yesterday
Thanks for your help!!
patod1
wrote...

2 hours ago
Good timing, thanks!
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