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sgy_89 sgy_89
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6 years ago
When monopolistically competitive firms are incurring short-run losses, some firms will leave the industry shifting the demand curves of the remaining firms to the left and permitting those firms to earn an economic profit.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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foliogefolioge
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sgy_89 Author
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6 years ago
this is exactly what I needed
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Thank you, thank you, thank you!
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2 hours ago
Thanks
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