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whipped whipped
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7 years ago
If new firms enter a monopolistically competitive market structure in the long run, ________.
A) the demand curves faced by the existing firms shift to the right
B) the demand curves faced by the existing firms become perfectly inelastic
C) the demand curves faced by the existing firms become more elastic
D) the supply curves of the existing firms become relatively more elastic
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Microeconomics

Microeconomics


Edition: 1st
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losteinlostein
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7 years ago
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