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Business, 30.11.2019 04:31 Isaacochoa780

Suppose that there are 50 firms in a monopolistically competitive industry in country a and 50 firms in the same monopolistically competitive industry in country b. if country a and country b engage in international trade, we expect that the total number of firms in this industry: a. will first decrease, then increase. b. will increase. c. will remain unchanged. d. will decrease.

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Suppose that there are 50 firms in a monopolistically competitive industry in country a and 50 firms...

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