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Author Question: A monopolistically competitive firm and a monopoly are similar because (Read 31 times)

Tiffanyanne824

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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.
◦ they each face a downward-sloping demand curve.
◦ each firm has a large number of competitors.
◦ both firms must behave strategically toward other firms in the industry.
◦ both firms will earn zero profits in the long run.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Tiffanyanne824 on Oct 12, 2022

DevinBrifm

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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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Tiffanyanne824

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

helenmarkerine

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Reply 3 on: Yesterday
Excellent

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