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A monopolistically competitive firm that is earning profits will, in the long run, experience all of the following except

asked in Economics by
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.

0 Answers

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answered Jul 8, 2016 by Coconut
 
Best answer
D
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answered Jul 8, 2016 by YeaaBuddy
Here to give you a feedback, your answer was right! Awesome

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