=+1. Suppose a monopolistic competitor in long-run equilib rium has a constant marginal cost of $6 and

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=+1. Suppose a monopolistic competitor in long-run equilib rium has a constant marginal cost of $6 and faces the demand curve given in the following table: OP Q 20 18 16 14 12 10 8 6 12 14 16 $2 4 6 8 10

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Economics

ISBN: 9780071214476

5th Edition

Authors: David Colander

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