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A monopolistically competitive firm that is earning profits will, in the long run, experience all of the following except
asked
Jul 8, 2016
in
Economics
by
BustaRhyme
A) demand for the firm's product becomes more elastic.
B) a decrease in demand for its product.
C) new rivals entering the market.
D) a decrease in the number of rival products.
principles-of-economics
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answered
Jul 8, 2016
by
Coconut
Best answer
D
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Jul 8, 2016
by
YeaaBuddy
Here to give you a feedback, your answer was right! Awesome
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