Cmpare and contrast the long run position of this firm , Business Economics

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Cmpare and contrast the long run position of this firm

Compare and contrast the long run position of this firm ( Monopolistic Competition) to that achieved in perfect competition. In your discussion, include

1) the effect of economic profit

2) the conditions of the two market structures

3) the effects of entry of new firms.

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Business Economics: Cmpare and contrast the long run position of this firm

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Business Economics: Cmpare and contrast the long run position of this firm

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