Business, 03.01.2020 02:31 demij

General snacks is a typical firm in a market characterized by the model of monopolistic competition. initially, the market is in long-run equilibrium, and then there is an increase in the market demand for snacks. in the long run, the economic profits of typical firms in the industry will be:

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General snacks is a typical firm in a market characterized by the model of monopolistic competition....

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