Question: Turn this assignment in on Blackboard by January 3, 1 PM China time. There are 13 questions. < 1. Suppose a city experiences substantial

Turn this assignment in on Blackboard by January 3, 1 PM China

Turn this assignment in on Blackboard by January 3, 1 PM China time. There are 13 questions. < 1. Suppose a city experiences substantial population growth. What is likely to happen to profits in the short run and in the long run in the market for haircuts, a monopolistically competitive market? (3 points)

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5. Suppose a city experiences substantial population growth. What is likely to happen to profits in the short run and in the long run in the market for haircuts, a monopolistically competitive market?

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