Economists say that excess capacity in monopolistically
Economists say that excess capacity in monopolistically competitive markets is "the cost to society of variety." What is the cost that economists are talking about, and why is this cost the result of having a variety of goods and services?
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demand for a good is qd 20000 ndash 100 p supply is qs -1000 200 pa find q p consumer surplus producer surplus and
economists say that excess capacity in monopolistically competitive markets is the cost to society of variety what is
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1 if the cross elasticity of demand between coke and pepsi is 202 then coke and pepsi area inferior goodsb complementsc
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