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In a monopolistic competition profits well in excess of costs are unlikely because
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Dec 8, 2018
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In a monopolistic competition profits well in excess of costs are unlikely because
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established rivals and new firms would lure customers away with slightly different and/or cheaper productsDescription
Pwner
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Dec 12, 2018
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In monopolistic competition, profits well in excess of costs are unlikely because _____.A.excess output can be maintained only for short periodsB.customers always return to the product that is least expensive,
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