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What happens to a monopolistically competitive firm that begins to charge an excessive price for its product?.

What happens to a monopolistically competitive firm that begins to charge an excessive price for its product?.
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What happens to a monopolistically competitive firm that begins to charge an excessive price for its product?.

User Asfand Qazi
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What happens to a monopolistically competitive firm that begins to charge an excessive price for its product? The firm will go out of business.
User Nachiketkulk
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