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Costa Costa
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6 years ago
The excess capacity theorem states that in the long run, a firm in monopolistic competition will:
A) operate at an output below that which minimizes average cost
B) use all its excess capacity
C) earn excess profits
D) none of the above
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Microeconomics

Microeconomics


Edition: 2nd
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JavaewJavaew
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6 years ago
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Costa Author
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6 years ago
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vanna2014
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Correct Slight Smile TY
courtneyrmcd
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This calls for a celebration Person Raising Both Hands in Celebration
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