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What is the key assumption that drives monopolistic competition to the long run equilibrium outcome? Economies of Scale Diseconomies of Scale Price collusion (coordination) between

What is the key assumption that drives monopolistic competition to the long run equilibrium outcome?

  1. Economies of Scale
  2. Diseconomies of Scale
  3. Price collusion (coordination) between firms
  4. Low/No barriers to entry
  5. Product differentiation

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