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Aside from advertising, how can monopolistically competitive firms increase demand for their products? Make a case for why monopolistically competitive industries never reach long-run equilibrium.
Aside from advertising, how can monopolistically competitive firms increase demand for their products?
Make a case for why monopolistically competitive industries never reach long-run equilibrium.
Refer to Chapter 10 in the text and be sure to reference and cite appropriately.
https://openstax.org/books/principles-economics/pages/10-critical-thinking-questions
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