If monopolistically competitive firms are making positive
If monopolistically competitive firms are making positive economic profits, then new firms would:
reduce their costs
charge higher prices
make demand more inelastic
leave the industry
begin to enter the industry
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a random graph is is graph generated by a random process in this project we will use a simple process given a graph
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if monopolistically competitive firms are making positive economic profits then new firms wouldreduce their costscharge
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