Business, 31.03.2020 03:45 carlinryan

You are a manager for a monopolistically competitive firm. From experience, the profit-maximizing level of output of your firm is 100 units. However, it is expected that prices of other close substitutes will fall in the near future. How should you adjust your level of production in response to this change

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You are a manager for a monopolistically competitive firm. From experience, the profit-maximizing le...

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