Why do prices in monopolistic competitive markets remain
Why do prices in monopolistic competitive markets remain above the prices that would exist in perfectly competitive markets even in the long run after entry has eliminated above normal profits?
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a local cell phone monopoly faces the following monthly inverse-demand for lines from a typical family p 100 ndash 20q
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agree or disagree and explain your answer the typical firm in a monopolistic competitive market earns above normal
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why do prices in monopolistic competitive markets remain above the prices that would exist in perfectly competitive
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suppose the demand for apartment rentals in los angeles is q 1000 - p and the supply of apartment rentals is q 4ppart
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