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Author Question: In monopolistic competition, a firm has some ability to affect the price for its product because of ... (Read 262 times)

Mr3Hunna

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In monopolistic competition, a firm has some ability to affect the price for its product because of
 
  A) easy entry and exit.
  B) economic profits.
  C) product differentiation.
  D) many competitors.

Question 2

Based on the data in the table above, at the short-run equilibrium
 
  A) the unemployment rate is less than the natural unemployment rate.
  B) the unemployment rate is greater than the natural unemployment rate.
  C) the money wage rate will rise in the long run.
  D) the economy is at full employment.


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maaaaaaaaaa

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Mr3Hunna

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


lkanara2

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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