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Entry and Monopolistic Competition / The Effects of Market Entry: Under monopolistic competition, entry typically causes prices to A . Decrease; decrease and profits to

Entry and Monopolistic Competition

/

The Effects of Market Entry: Under monopolistic competition, entry typically causes prices to

.

Decrease; decrease

and profits to

q,

.

None of the listed possible answers for this question are correct.

.

Increase; increase

.

Decrease; increase

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