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    Managerial Economics Analysis Problems Cases
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    Exam 9: Monopolistic Competition and Oligopoly
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    In the Long Run, a Firm in Monopolistic Competition Will
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In the Long Run, a Firm in Monopolistic Competition Will

Question 48

Question 48

True/False

In the long run, a firm in monopolistic competition will have only normal profit and will operate a plant slightly smaller than it would have under perfect competition.

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