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Suppose Alexander Is Successful in Establishing a Profitable Market for His

Question 123

Multiple Choice

Suppose Alexander is successful in establishing a profitable market for his vegan bakery in what is a monopolistically competitive industry.In the long run, Alexander will most likely find it ________ to remain profitable as he faces ________ competition in the vegan bakery market.


A) harder; more
B) harder; less
C) easier; more
D) easier; less

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