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Author Question: The equilibrium price charged by a monopolistic competitor in the long run after the entry of new ... (Read 23 times)

Engineer

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The equilibrium price charged by a monopolistic competitor in the long run after the entry of new firms is ________.
 
  A) higher than the equilibrium price charged by the firm before the entry of new firms
  B) lower than the equilibrium price charged by the firm before the entry of new firms
  C) lower than the equilibrium price charged by a perfectly competitive firm in the long run
  D) equal to the equilibrium price charged by the firm before the entry of new firms

Question 2

Ryan deposits 900 at an annual interest rate of 9. The total amount in Ryan's account after one year will be ________.
 
  A) 963
  B) 975
  C) 981
  D) 999



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al

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Answer to Question 1

B

Answer to Question 2

C




Engineer

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Reply 2 on: Jun 29, 2018
:D TYSM


Joy Chen

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

 

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