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    Business
  3. Study Set
    Microeconomics Principles for a Changing World
  4. Exam
    Exam 10: Monopolistic Competition, Oligopoly, and Game Theory
  5. Question
    In the Long Run, Easy Entry and Exit Result in Monopolistically
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In the Long Run, Easy Entry and Exit Result in Monopolistically

Question 58

Question 58

True/False

In the long run, easy entry and exit result in monopolistically competitive firms earning higher than normal profits.

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