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Author Question: The long-run equilibrium for a monopolistically competitive firm is efficient because its profits ... (Read 115 times)

MirandaLo

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on: Apr 19, 2019

Question 1

Monopolistically competitive firms experience "excess capacity" in the short run but not in the long run.


◦ true
◦ false

Question 2

The long-run equilibrium for a monopolistically competitive firm is efficient because its profits equal zero in the long run.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by MirandaLo on Apr 19, 2019

gstein359

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Reply #1 on: Apr 19, 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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MirandaLo

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Reply #2 on: Apr 19, 2019
TY


gstein359

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Reply #3 on: Apr 19, 2019
You're welcome


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