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In the above figure, what would happen to the monopolistically comf1q25g1.jpg In the above figure, if d4 is the relevant demand curve for this firm,
In the above figure, what would happen to the monopolistically comf1q25g1.jpg In the above figure, if d4 is the relevant demand curve for this firm, then which level of output will maximize this firm's profits or minimize its losses? Group of answer choices A C D Bpetitive industry in the long run? Group of answer choices More producers would enter the market, and the share of the market to this firm would fall, which would cause the demand curve to shift leftward until there is zero economic profit. More producers would exit the market, and the share of the market to this firm would fall, which would cause the demand curve to shift leftward until there is zero economic profit. More producers would enter the market, and the share of the market to this firm would rise, which would cause the demand curve to shift rightward until there is zero economic profit. More producers would enter the market, and the share of the market to this firm would fall, which would cause the demand curve to shift leftward until there is negative economic profit
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