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Author Question: When a monopolistically competitive firm's demand curve shifts leftward, what happens to its ... (Read 123 times)

ashley

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When a monopolistically competitive firm's demand curve shifts leftward, what happens to its marginal revenue curve?
◦ Nothing, the marginal revenue curve is unchanged.
◦ It disappears.
◦ It shifts rightward.
◦ It shifts leftward.
◦ None of these is correct because the effect on the marginal revenue curve depends on whether the demand was initially elastic or inelastic.


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Marked as best answer by ashley on May 24, 2019

chreslie

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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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