Question: Does Flight have excess capacity in the long run? If it has excess capacity in the long run, why doesnt it decrease its capacity? FIGURE
Does Flight have excess capacity in the long run? If it has excess capacity in the long run, why doesn’t it decrease its capacity?

FIGURE 14.1 Problems 5 to 8 100 80 60 40 MR 150 50 100 200 250 Quantity (pairs of running shoes per week) Price and cost (dollars per pair) 20
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In the long run monopolistically competitive firms ... View full answer
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