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In the long run, if some monopolistically competitive firms are earning economic losses then __________. Question 26 options: firms will leave the industry new firms
In the long run, if some monopolistically competitive firms are earning economic losses then __________. Question 26 options: firms will leave the industry new firms will enter the industry they will increase production until marginal costs fall they will raise prices until they earn economic profits
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Managerial economics applications strategy and tactics
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
12th Edition
9781133008071, 1439079234, 1133008070, 978-1439079232
