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Business, 21.03.2020 04:27 xitlalizt83341

Firm X is a typical firm in a market characterized by the model of monopolistic competition. Suppose that the market is initially in long-run equilibrium, and then there is an increase in demand for services. We expect that in the short run the price of service will and output of services will .

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Firm X is a typical firm in a market characterized by the model of monopolistic competition. Suppose...
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