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Author Question: Consider the monopolistically competitive market for running shoes. The market is considered ... (Read 99 times)

yoooooman

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on: May 24, 2019
Consider the monopolistically competitive market for running shoes. The market is considered inefficient because ________ but runners ________ which may make the inefficiency worthwhile.
◦ excess capacity occurs; pay lower prices
◦ a deadweight loss occurs; enjoy variety and innovation
◦ consumers obtain variety; pay lower prices
◦ demand is elastic; enjoy variety and innovation
◦ signalling occurs; pay lower prices
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by yoooooman on May 24, 2019

epscape

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Reply #1 on: May 24, 2019
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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yoooooman

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Reply 2 on: May 24, 2019
Excellent

xiazhe

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

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