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Author Question: If firms in a monopolistically competitive industry are making profits in the short run A) some ... (Read 118 times)

Pineapplelove6

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on: Jun 29, 2018
If firms in a monopolistically competitive industry are making profits in the short run
 
  A) some firms will ultimately exit the industry.
  B) barriers to entry will be erected to keep out rivals.
  C) new firms will enter the market.
  D) they will resort to advertising wars to help sustain these profits.

Question 2

The prisoner's dilemma illustrates
 
  A) how oligopolists engage in implicit collusion under strategic situations.
  B) how cooperation in strategic situations leads to the economically efficient market outcome.
  C) why firms will not cooperate if they behave strategically.
  D) why firms have an incentive to cheat on agreements.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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mcinincha279

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Reply #1 on: Jun 29, 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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Pineapplelove6

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

cdmart10

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Reply 3 on: Yesterday
:D TYSM

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