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If a monopolistically competitive firm is earning positive profits in the short-run, then we would expect more competition to enter the industry assuming there
If a monopolistically competitive firm is earning positive profits in the short-run, then we would expect more competition to enter the industry assuming there are no barrier to entry in the market. Select one: O True O False
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
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