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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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