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Author Question: Monopolistic competition and monopoly have all of the following in common EXCEPT A) P > MC. ... (Read 79 times)

EY67

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on: Jul 1, 2018
Monopolistic competition and monopoly have all of the following in common EXCEPT
 
  A) P > MC.
  B) firms are price setters.
  C) barriers to entry.
  D) MR = MC.

Question 2

A firm producing a relatively large quantity before any rivals have entered the market, is an example of first-mover advantage.
 
  What will be an ideal response?
Microeconomics ¦ Perloff ¦ 8th Edition
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mfedorka

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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EY67

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

essyface1

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

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