Business, 11.01.2020 06:31 zitterkoph

Suppose some firms exit an industry characterized by monopolistic competition. we would expect the demand curve of a firm already in the industry to
a. shift to the left.
b. shift to the right.
c. become less elastic.
d. remain the same since entering firms serve other customers in the market.

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Suppose some firms exit an industry characterized by monopolistic competition. we would expect the d...

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