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Business, 23.07.2019 13:00 theresamarieuehling2

Anew competitor enters the industry and competes with a second firm, which had been a monopolist. the second firm finds that although demand is not perfectly elastic, it is now relatively more elastic. the second firm's marginal revenue will be and its profit-maximizing price will be

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Anew competitor enters the industry and competes with a second firm, which had been a monopolist. th...
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