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    International Economics Study Set 9
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    Exam 6: Increasing Returns to Scale and Monopolistic Competition
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    In the Long Run, Prices in a Monopolistically Competitive Industry
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In the Long Run, Prices in a Monopolistically Competitive Industry

Question 101

Question 101

Multiple Choice

In the long run, prices in a monopolistically competitive industry will be ________ prices without trade.


A) higher than
B) lower than
C) equal to
D) the same as

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