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whipped whipped
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6 years ago
The cost of producing a tube of tooth paste is $0.05. If the market for tooth paste is monopolistically competitive, a manufacturer who charges $0.05 for each bottle will ________.
A) shut down production in the short run
B) exit the industry in the long run
C) incur a loss in the short run
D) earn zero economic profits in the short run
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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Posts: 583
6 years ago
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whipped Author
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6 years ago
this is exactly what I needed
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Just got PERFECT on my quiz
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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