Take a look at panel (a) Of Figure 25-1, and assume that it initially applies to a

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Take a look at panel (a) Of Figure 25-1, and assume that it initially applies to a typical firm in a monopolistically competitive industry. Explain how it might be possible for this firm temporarily to find itself in a situation such as that depicted in panel (b) During the process of adjustment from panel (a) to a final long-run equilibrium as shown in panel (c)?
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