Why is a monopolistically competitive firm not productively efficient? In what sense does a monopolistically competitive firm

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Why is a monopolistically competitive firm not productively efficient? In what sense does a monopolistically competitive firm have excess capacity?

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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Question Posted: Nov 01, 2017 07:16 AM

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Why is a monopolistically competitive firm not productively efficient? In what sense does a monopolistically competitive firm

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