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Author Question: Consider a monopolistically competitive industry. Since firms are able to freely enter and exit the ... (Read 51 times)

gboileau

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on: Oct 12, 2022
Consider a monopolistically competitive industry. Since firms are able to freely enter and exit the industry, we can predict
◦ a negatively sloped demand curve for the industry.
◦ zero profits in long-run equilibrium.
◦ strategic behaviour with regard to other firms in the industry.
◦ that exit will occur until no firm has excess capacity.
◦ brand proliferation.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by gboileau on Oct 12, 2022

queenBea90

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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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gboileau

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

adammoses97

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Reply 3 on: Yesterday
Wow, this really help

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