Business, 25.04.2020 03:43 aryal191

If a monopolistically competitive firm is earning profits in the short run: Multiple Choice the entry of competing firms will cause price to drop, but not affect the firm's demand curve. the entry of competing firms will cause price to rise, but not affect the firm's demand curve. the entry of competing firms will shift the firm's demand to the left. the entry of competing firms will shift the firm's demand to the right.

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If a monopolistically competitive firm is earning profits in the short run: Multiple Choice the entr...