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Tidy Tidy
wrote...
Posts: 4852
9 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:
Read 722 times
1 Reply
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
wrote...
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Posts: 1913
9 years ago
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Tidy Author
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9 years ago
Brilliant
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Yesterday
this is exactly what I needed
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2 hours ago
Thank you, thank you, thank you!
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