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Author Question: A monopolistically competitive firm and a monopoly are similar because (Read 52 times)

ksmithunr

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on: Oct 12, 2022
A monopolistically competitive firm and a monopoly are similar because
◦ both firms always operate at their point of minimum average cost.
◦ both firms must behave strategically toward other firms in the industry.
◦ each firm can raise its price without losing all of its sales.
◦ each firm has a large number of competitors.
◦ both firms will earn zero profits in the long run.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by ksmithunr on Oct 12, 2022

avelasquez

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Reply #1 on: Oct 12, 2022
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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ksmithunr

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

alexanderhamilton

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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