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In the context of monopolistic competition, the presence of negative economic profit implies a . an incentive for firms to exit. b . an incentive

In the context of monopolistic competition, the presence of negative economic profit implies
a. an incentive for firms to exit.
b. an incentive for new firms to enter.
c. a motive for existing firms to decrease prices.
d. a motive for existing firms to increase prices.
e. proof that advertising does not work.
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