A monopolistically competitive firm is operating in the
A monopolistically competitive firm is operating in the short run, is operating at the optimal level of output, and is earning positive economic profits. Describe how this industry will adjust in the long run.
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a monopolistically competitive firm is operating in the short run is operating at the optimal level of output and is
why is the demand curve for a monopolist downward sloping while the demand curve for the perfectly competitive firm is
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