Gains from trade in the model of monopolistic competition are not driven by: a) higher firm-level output

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Gains from trade in the model of monopolistic competition are not driven by:

a) higher firm-level output at the equilibrium

b) different consumer tastes

c) all other options are drivers of gains from trade

d) a larger number of varieties

Related Book For answer-question

Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Sep 16, 2022 05:42 AM

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Gains from trade in the model of monopolistic competition are not driven by: a) higher firm-level output

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Microeconomics An Intuitive Approach with Calculus

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