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Business, 11.11.2019 23:31 burgoonp

Monopolistic competition might be efficient if
a. firms invest in technology that decreass the marginal cost of production
b. more firms enter the industry
c. the loss that arises because the quantity produced is less than the efficient quantity is offset by the gain that arises from having a greater degree of product variety
d. firms leave the industry

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Monopolistic competition might be efficient if
a. firms invest in technology that decreass t...
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