Why is that greater number of firms is in a monopolistically, Microeconomics

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Why is that greater number of firms is in a monopolistically

Problem

Why is it that the greater the number of firms is in a monopolistically competitive industry the lower the price is, but the higher the average cost of each firm is for a given level of output?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why is that greater number of firms is in a monopolistically

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Microeconomics: Why is that greater number of firms is in a monopolistically

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