Why is the difference between the long-run equilibriums under perfect competition and monopolistic competition likely to be

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Why is the difference between the long-run equilibriums under perfect competition and monopolistic competition likely to be relatively small?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 17, 2023 07:06 AM

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Why is the difference between the long-run equilibriums under perfect competition and monopolistic competition likely to be

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Even though monopolistically competitive firms face downwardsloping deman...View the full answer

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