Do monopolistically competitive firms generate a long-run
1. Do Monopolistically competitive firms generate a long-run profit?
2. Why is a monopolistic competition said to be inefficient?
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posted this before but it was not all answeredcreate two separate graphs that show current changes in equilibrium
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consider the market for baby cribs the market for baby cribs is given by qd 140 - 02p and the market supply of baby
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1 do monopolistically competitive firms generate a long-run profit2 why is a monopolistic competition said to be
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