Does the firm have excess capacity in the long run? If the firm has excess capacity in

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Does the firm have excess capacity in the long run? If the firm has excess capacity in the long run, why doesn€™t it decrease its capacity?
Use the following figure, which shows the situation facing a producer of running shoes

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 07:22 AM

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Does the firm have excess capacity in the long run? If the firm has excess capacity in

Question:

MC 100 ATC と401 MR 50 100 150 200 250 Guantlty (poirs of running shoes per week)

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In the long run monopolistically competitive firms ...View the full answer

Microeconomics

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